MicroStrategy Chairman Michael Saylor seemingly suggests that the Bitcoin recent price dip may present an opportunity.
Over the past 24 hours, Bitcoin‘s price has sharply declined amid U.S. tech valuation concerns and looming economic data releases. While the price action is likely to give most investors pause for thought, MicroStrategy Chairman Michael Saylor has begged to differ.
“A Gift”
“Volatility is a gift to the faithful,” Saylor cryptically asserted in an X post on Monday, January 24, amid Bitcoin’s most recent retreat below the $100,000 price point.
Volatility is a gift to the faithful.
— Michael Saylor⚡️ (@saylor) January 26, 2025
Specifically, over the past 24 hours, Bitcoin has dropped as much as 8% from a high of $105,500 on Sunday to as low as $97,700 on Monday before paring some losses to trade around the $99,000 price at the time of writing.
Another MicroStrategy Bitcoin Buy?
Beyond offering encouragement to Bitcoin holders amid this price action, Saylor’s recent statements may also hint at another MicroStrategy Bitcoin buy.
Since at least 2020, Saylor’s MicroStrategy has adopted a Bitcoin treasury strategy, betting on the asset’s long-term value.
Over the past few months, this strategy has seen the firm add to its stockpile almost every week, with four disclosed purchases already in January 2025 alone. As a result, the firm’s total holdings now sit at 461,000 BTC, worth around $46 billion at the time of writing.
The firm’s continued aggressive purchases come despite a potential tax issue that could see it pay billions on its Bitcoin holdings starting from 2026.
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