Strategy Unfazed By Bitcoin Crash, Michael Saylor Vows Quarterly Purchases

Michael Saylor, the outspoken Bitcoin (BTC) advoca

Strategy Unfazed By Bitcoin Crash, Michael Saylor Vows Quarterly Purchases

Strategy Unfazed By Bitcoin Crash, Michael Saylor Vows Quarterly Purchases

Michael Saylor, the outspoken Bitcoin (BTC) advocate and Strategy (previously MicroStrategy) co-founder, said on Tuesday that the company remains firmly committed to its long‑standing Bitcoin strategy, despite growing concerns about its financial risks.

The 1-D chart shows BTC’s price trending downwards since October’s all-time high rally. Source: BTCUSDT on TradingView.com

At the time of writing, Bitcoin was trading at around $69,192, registering losses of nearly 8% over the past seven days and 3% over the past 24 hours. 

Featured image from OpenArt, chart from TradingView.com 

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