Michael Saylor Breaks Silence on Bitcoin Price Drop: Here’s What He Said💵
As markets turned red early Friday, Bitcoin wasn’t spared from the sell-off. The world’s leading cryptocurrency plunged to a low of $107,327, weighed down by growing macroeconomic concerns.
Amid the dip, Michael Saylor, founder of Strategy, stayed calm and bullish. He tweeted just three words:
"No tariffs on Bitcoin."
A simple but powerful message—Saylor reaffirmed his long-standing belief in Bitcoin as a borderless, inflation-resistant asset immune to government intervention.
Interestingly, this comes the same week Strategy announced plans to raise up to $2.1 billion through the sale of 10% perpetual preferred stock. The announcement followed Bitcoin’s historic rally, which saw it touch $112,000 on Thursday, marking a new all-time high and pushing its market cap to $2.2 trillion.
But the rally didn’t last. As U.S. stock futures reversed sharply—dropping nearly 2%—Bitcoin also faced heavy profit-taking, triggering a broader crypto pullback.
At the time of writing, BTC is trading at $108,501, down 2.44% over the past 24 hours. Total crypto market liquidations have reached $540 million, according to CoinGlass.
Despite the volatility, Saylor’s message was clear: the fundamentals of Bitcoin remain strong, even when traditional markets wobble.
