Michael Saylor unfazed as Bitcoin’s rally faces fresh trouble – ‘We’re back!’

Michael Saylor declared he was “unfazed” and proclaimed “We’re back!” as Bitcoin’s recent rally encountered renewed volatility. He reiterated a long-term accumulation thesis, with MicroStrategy and other proponents continuing to buy the dip and publicly champion Bitcoin. The immediate implication for Bitcoin is that prominent institutional demand and vocal leadership may bolster investor confidence and provide a supportive bid during sell-offs, but they do not remove near-term price volatility.