Michael Saylor Breaks Silence on Bitcoin Price Drop: Hereās What He Said šµ
Bitcoin faced a sharp pullback early Friday, plunging to a low of $107,327 amid macroeconomic fears and a broader market sell-off. The dip followed a historic rally where BTC touched $112,000, setting a new all-time high and pushing its market cap to $2.2 trillion.
Amid the chaos, one man stayed calm: Michael Saylor.
The MicroStrategy founder broke his silence with just three words on X (formerly Twitter):
āNo tariffs on Bitcoin.ā
Simple. Bold. Borderless.
In classic Saylor fashion, he reaffirmed his unwavering belief in Bitcoinās long-term fundamentals ā a decentralized, inflation-resistant asset immune to government intervention or policy risks like tariffs.
The timing? Interesting.
Saylorās statement came just days after MicroStrategy announced plans to raise up to $2.1 billion by selling 10% perpetual preferred stock ā a move likely aimed at acquiring even more BTC. This signals confidence in Bitcoinās long-term trajectory, regardless of short-term price swings.
But markets were less optimistic.
U.S. stock futures dropped nearly 2%, and Bitcoin followed, dragged down by profit-taking and risk-off sentiment. The broader crypto market also felt the heat, with $540 million in liquidations over 24 hours, according to CoinGlass.
At the time of writing, BTC is hovering around $108,501, down 2.44% in the past 24 hours.
Still, Saylorās message cut through the noise:
Bitcoin isnāt about the daily candles ā itās about the big picture.
Whether youāre bullish or cautious, one thing is clear:
Saylor isnāt selling.
Bottom Line:
Markets may panic, but Bitcoinās fundamentals remain unchanged. And in Saylorās world, thatās all that matters.
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