Arca's Chief Investment Officer Jeff Dorman has dismissed claims that MicroStrategy is facing a forced sale of its Bitcoin holdings. Dorman emphasized that Michael Saylor's 42% ownership stake in MicroStrategy protects against hostile takeovers, and the company's debt agreements do not include liquidation clauses. Additionally, MicroStrategy's traditional software business generates sufficient revenue to cover interest expenses. Despite these reassurances, MicroStrategy's stock declined by 4.22% to $199.74 on Friday, marking a 33.42% decrease year-to-date. Meanwhile, Bitcoin's price stood at approximately $94,293, reflecting a 1.2% drop over the past 24 hours.