Michael Saylor, the founder of MicroStrategy (now rebranded as Strategy), recently made waves with his comments on Bitcoin’s market decline.
As one of the most prominent institutional advocates for Bitcoin, Saylor humorously advised investors to hold onto their BTC, even jokingly suggesting, “Sell your kidney if necessary, but don’t sell your Bitcoins, keep them.”
In addition to his public encouragement for Bitcoin holders, Saylor has been actively involved in discussions about the creation of a U.S. Bitcoin reserve. He met with U.S. Representative French Hill to explore the potential of establishing a strategic Bitcoin reserve.
According to Saylor, his conversation with the House Financial Services Committee was centered around how digital assets could help the U.S. take the lead in Bitcoin and crypto innovation.
Saylor emphasized that digital assets could revolutionize payment systems and open up new avenues for capital access.
He expressed optimism about the committee’s ongoing work toward developing a clear legal framework to propel the U.S. as the global leader in cryptocurrency, in alignment with former President Trump’s vision of making the country the world’s crypto capital.
BitMEX co-founder Arthur Hayes has issued a cautious outlook for Bitcoin and the broader crypto market, predicting a possible short-term downturn as the U.S. government shifts its liquidity strategy.
Bitcoin’s bullish undercurrent continues to strengthen as on-chain data and derivatives market behavior reveal aggressive accumulation from long-term holders and whales.
As institutional adoption of Bitcoin accelerates, U.S. asset management giant Franklin Templeton has issued a cautionary note on the growing trend of crypto-based treasury strategies.
Bitcoin rose 1.78% over the past 24 hours to reach $109,500 at the time of writing, driven by surging institutional inflows into spot ETFs, easing global trade tensions, and strengthening technical momentum.