Michael Saylor claims Bitcoin’s volatility has decreased despite a recent decline in value. He stated that the annualized volatility has reduced from 80% to around 50%, suggesting a trend toward continued decreases as Bitcoin matures.
Bitcoin has recently fallen almost 12% to around 90,387 USD. The company’s strategy currently holds 649,870 BTC, valued at approximately 59.59 billion USD, reflecting its strong position in the market.
Saylor believes that the company can withstand significant downturns in Bitcoin prices, asserting they are engineered to handle drawdowns of 80% to 90%. He remains confident in Bitcoin’s resilience and ongoing adaptability.
Leave a Reply