7 Articles
7 Articles
🚨 Bitcoin has fallen by more than 14% in the last week and 22.7% in the last four weeks. 📉 Michael Saylor argued that the decline in $BTC is due to capital shifting towards artificial intelligence, not a breakdown. 💸 While approximately $400 billion has gone into AI infrastructure in the last six months, US spot Bitcoin...
CoinStats - Michael Saylor Strategy’in Bitcoin (BTC) Satı...
The cryptocurrency market is having a tough week. Bitcoin (BTC) and altcoins, already on a downward trend, are experiencing sharp declines following Strategy's long-standing BTC sell-off. At this point, Bitcoin has fallen to $63,000 and Ethereum (ETH) to $1,770, and Strategy founder Michael Saylor spoke after the sell-off. Saylor stated that the capital flow from Bitcoin to artificial intelligence is a factor affecting the value of BTC. [...] So…
Michael Saylor: Capital Shift From Bitcoin To AI Is A Rotation, Not A Threat
BitcoinWorld Michael Saylor: Capital Shift From Bitcoin to AI Is a Rotation, Not a Threat MicroStrategy founder Michael Saylor has weighed in on the recent movement of capital away from Bitcoin and into the artificial intelligence sector, describing it as a natural market rotation rather than a fundamental challenge to Bitcoin’s long-term value. His comments come amid a period of notable outflows from Bitcoin exchange-traded funds (ETFs), which…
The president of Strategy minimized Bitcoin’s strong correction and stated that exits from the ETF reflect a capital shift towards the construction of AI infrastructure, not a fundamental deterioration of Bitcoin’s thesis. His comments come as BTC tries to stabilize on USD $60,000. *** Saylor said capital markets are financing AI infrastructure on a historical scale, with close to USD $400 billion in six months. Bitcoin’s ETF spot in the U.S. re…
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