Michael Saylor sold Bitcoin for the first time in 4 years and the entire market panicked.

I know, two posts in a row. But this topic now worries everyone.

He sold 32 coins. Out of 843,738 on the balance sheet.

In terms of scale, it's like if a millionaire sold 38 dollars of his fortune, and everyone around would start shouting that he's bankrupt.

But there is a detail that you need to know: he didn't sell because he had to. He sold to prove that he could.

Why did he sell? It's just that he has a three-step plan.

The media has already spread the news: "The largest institutional buyer has given up, the Bitcoin evangelist has become disappointed, now Bitcoin is finally falling into the abyss."

But in reality, this microscopic sale is the final step in Michael Saylor's strategy, which should force pension funds, 401k portfolios and index funds to automatically buy Bitcoin every month, quarter or hour.

Look, the S&P Global rating agency has its own conditions. To them, the company MicroStrategy, which vows to "never sell Bitcoin", looks not like a firm convinced of its principles, but like a structure with frozen, illiquid assets of 63 billion dollars, which on paper is equal to zero.

Saylor created a three-step plan to correct this misconception.

He has already completed the FIRST STEP for S&P. It is called liquidity.

In December, the company created a dollar reserve in the amount of 2.25 billion dollars to cover dividends and service debts.

THE SECOND STEP is the debt of the Microstrategy company. And this step is also completed.

Last week, MicroStrategy bought back its convertible bonds for the sum of 1.5 billion dollars at a discount of 8%, paying only 1.38 billion dollars in cash. Quite a bargain, isn't it? Saylor reduced the debt, and even made hundreds of millions of dollars from it.

And finally, STEP NUMBER THREE: I would call the ego "access". This step is ALREADY done too. And he scared the markets the most.

The sale of 32 Bitcoin coins is verifiable proof to the S&P agency and the S&P 500 index committee that the asset (Bitcoin) owned by Microstrategy can be moved, that it is liquid, and that the company is able to use it for payments without issuing new shares.

At the same time, MicroStrategy was full of cash, of course they did not need this money (earned from the sale of Bitcoins). So this sale was completely strategic, VOLUNTARY, and not a forced measure.

Why is this necessary? Saylor's goal is not a momentary hype, but an increase in the credit rating and, in the future, the inclusion of MicroStrategy in the S&P 500 index.

If this door is opened for the company, passive funds with a capital of trillions of dollars will be obliged to mechanically buy MSTR shares simply by the fact of their presence in the index. And MicroStrategy, receiving this influx of capital, will continue to do what it always does - buy billions of dollars worth of Bitcoin.

So it turns out that while the crowd is panicking about the sale of 32 coins, Saylor is simply carrying out a plan to open a $23 trillion investment capital market for Bitcoin.