Quoted from taylor34:
Regardless, he has loans that are coming due and he's going to need money to repay them. $855 million in 23 months it appears is the first, and there's something before that too (smaller amount). He was using Silvergate which is down like 80% now as a stock, so it's possible they're in trouble too from FTX. I'm just saying that in these situations where it's known that someone has a compromised position, it's pretty typical for those positions to eventually unravel as there's a ton of money to be made shorting. Like even Musk is having issues because it's known that he has to sell Tesla at some low value to cover debt, and the stock is being walked down to that level. If people know there's a huge forced seller at some level, they usually find a way to make it happen...which is how you get those giant market crashes, cascading margin calls/forced selling.
I'm not saying that the price would stay down for long, but I do think at some point Saylor is going to have to sell a large portion of his coins. Even if the price doubles/triples from his 30k average he's still going to have to sell 1/2 or 1/3 to cover the loan probably.