Saylor blames AI for bitcoin drop as Arca pushes back
Michael Saylor says bitcoin’s latest drop comes from capital flowing into AI stocks and infrastructure.
Bitcoin, markets and the ideas moving crypto.
9 stories · 20 Nov 2024 – 9 Jun 2026
Michael Saylor says bitcoin’s latest drop comes from capital flowing into AI stocks and infrastructure.
Strategy executive chairman Michael Saylor said the firm may sell Bitcoin to fund a dividend on its STRC preferred stock.
Strategy purchased 4,871 BTC for $330M between 1–5 April 2026, per its SEC Form 8-K filing.
Strategy Inc announced it bought nearly 2,000 more bitcoins last week, funded by proceeds from recent stock sales.
Pakistan has appointed Michael Saylor, Executive Chairman of Strategy and a leading Bitcoin advocate, as a strategic advisor to guide the nation's cryptocurrency and blockchain initiatives.
Michael Saylor's cryptic post sparks speculation that Strategy is preparing a massive $2 billion Bitcoin purchase following its latest fundraising move.
Michael Saylor proposes the US acquire up to 25% of Bitcoin's supply to generate massive wealth and secure global economic leadership by 2045.
Michael Saylor hints at another major Bitcoin purchase by MicroStrategy, fueling speculation as the company continues its aggressive investment strategy.
Michael Saylor pitches Microsoft’s board on Bitcoin, arguing it could stabilize the stock and boost shareholder value ahead of a key vote.