Michael Saylor Breaks Silence on Bitcoin Price Decline: What He Said
As financial markets turned bearish early Friday, Bitcoin also took a hit, dropping sharply to a low of $107,327 amid broader macroeconomic worries.
In response, Strategy founder Michael Saylor tweeted simply: “No tariffs on Bitcoin.” This phrase reflects his enduring confidence in Bitcoin as a global, decentralized asset that remains unaffected by traditional market pressures.
This week, Bitcoin had surged to new highs above $111,000, driven by strong institutional demand and growing regulatory clarity, pushing its market cap past $2.2 trillion.
At press time, Bitcoin pulled back to around $108,500 after profit-taking and broader market sell-offs, with crypto liquidations reaching $540 million.
Despite the dip, Saylor’s optimistic stance signals his belief that Bitcoin’s fundamentals remain strong amid short-term volatility.