MicroStrategy’s Michael Saylor calls Bitcoin’s price swings a source of strength, urging patience as it rebounds sharply from recent lows.
Michael Saylor characterized Bitcoin’s volatility as a sign of vitality on Nov. 27, when the cryptocurrency climbed to nearly $92,000 after dipping close to $80,000 a week earlier. On Nov. 21, he advised patience and endurance during such market fluctuations, maintaining his view that volatility benefits dedicated supporters and deters concentrated ownership by large traditional investors.