Wu Blockchain (@WuBlockchain): Strategy Executive Chairman Michael Saylor told Fox Business that he is not concerned about further declines in BTC, saying the company “can withstand…
Estimated coin impact
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Strategy Executive Chairman Michael Saylor told Fox Business that he is not concerned about further declines in BTC, saying the company “can withstand an 80%–90% drawdown and keep operating.”He said Wall Street capital hasn't harmed Bitcoin and that its volatility is steadily decreasing — now around 50% annually, down from 80% when MicroStrategy began buying in 2020. He expects it to keep falling toward “1.5× the volatility and 1.5× the performance of the S&P 500.” https://t.co/BFZ9XFeBF0