Michael Saylor Claims Strategy Can Endure a 80–90% Drop in Bitcoin Value

Saylor's Confidence in Bitcoin: Michael Saylor, Executive Chairman of MicroStrategy, expressed confidence that Bitcoin can endure significant price declines, citing its historical resilience and ability to recover to new all-time highs.

MicroStrategy's Financial Stability: Saylor emphasized that MicroStrategy is well-capitalized with over $50 billion in equity and a robust financing model, allowing the company to withstand severe market downturns.

Market Volatility and Performance: He noted that Bitcoin's volatility has decreased over time, transitioning from an "80-vol asset" to a "50-vol asset," and dismissed concerns about the impact of Wall Street's entry into the market.

Stock Performance and Market Sentiment: Despite Saylor's optimism, MicroStrategy's stock has declined alongside Bitcoin, with its modified net asset value multiple dropping significantly, reflecting market sentiment and the company's exposure to Bitcoin.