Bitcoin News

Story: Michael Saylor Says Wall Street Didn’t ‘Hurt’ Bitcoin as Volatility Drops Despite Crash

By Steven Anderson

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Saylor: Bitcoin Volatility Is Decreasing, Not Increasing. Responding to concerns that institutional involvement may be influencing market swings, Saylor…

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Saylor Says Strategy Can Endure Even an 80–90% Crash. Despite the current pressure, Saylor said he is not worried about a deeper downturn.

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Veteran Trader Peter Brandt Issues Warning. Not everyone shares Saylor’s confidence. Veteran trader Peter Brandt cautioned that Strategy could…

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Is Wall Street Actually Affecting Bitcoin?. Saylor’s comments push back against the narrative that institutional money—through ETFs, major…

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What Comes Next?. With Bitcoin hovering near the $90,000 mark, analysts remain divided on where the market heads next.

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Strategy’s executive chairman Michael Saylor has dismissed claims that Wall Street’s growing involvement in Bitcoin has contributed to the asset’s latest price drop or increased…

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Bitcoin has fallen nearly 12% in the past week, briefly touching $91,616 and giving back most of its 2025 gains, according to CoinMarketCap.

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Responding to concerns that institutional involvement may be influencing market swings, Saylor said Bitcoin’s volatility has been declining steadily for years.

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“When I began buying Bitcoin for Strategy in 2020, the annualized volatility was around 80%,” he said. “Since then, it has dropped to roughly 50%.”

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He added that Bitcoin is moving toward long-term maturity, and each cycle could bring volatility down by another five percentage points.

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Even with the recent downturn, Saylor remained optimistic.

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Strategy currently holds 649,870 BTC, valued at about $59.59 billion, based on data from SaylorTracker.

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Meanwhile, Strategy’s metrics have shifted. The firm’s mNAV multiple—which measures its market value relative to its Bitcoin holdings—has slipped to 1.11x, down from 1.

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This decline mirrors Bitcoin’s broader pullback and has been reflected in Strategy’s stock price. Shares of MSTR closed at $206.80 on Tuesday, down 11.

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He emphasized that Strategy’s long-term approach is designed to withstand extreme volatility.

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