‘I Won’t Back Down,’ Michael Saylor Reinforces Strategy’s Bitcoin Mission
The post ‘I Won’t Back Down,’ Michael Saylor Reinforces Strategy’s Bitcoin Mission appeared on BitcoinEthereumNews.com.
Bitcoin’s (BTC) sharp drop this week triggered renewed anxiety across the crypto market. However, Michael Saylor’s latest post indicates Strategy’s commitment to its massive BTC reserve remains firm. Saylor Reaffirms Strategy’s BTC Commitment Amid Downturn With BTC price down almost 9% in the last week, Saylor’s post saying, “I won’t back down” shows his company’s entire approach. His statement came as many wonder whether Strategy, the public company he chairs, could maintain its aggressive Bitcoin purchases. This is because the crypto market is experiencing one of its harshest corrections in the current cycle. Also, Saylor did not directly address or give a hint that Strategy would make a BTC purchase tomorrow as he has previously done. However, Saylor reaffirmed the company’s Bitcoin conviction, suggesting commitment to continuous accumulation. According to a ZeroHedge report, Bank of America’s chief investment strategist Michael Hartnett said the “Fed needs to cut.” He added that Bitcoin will be first to be affected coming Fed capitulation. This further adds to the current macro pressure on BTC. MSTR Drop Raises Fresh Questions About Strategy’s Stability Strategy holds 649,870 Bitcoin at an average cost of $74,430, according to the company’s latest figures. Strategy’s Bitcoin portfolio is not in the red despite the recent market crash, showing a gain of roughly 16%. However, the company’s stock has not matched that resilience. Based on TradingView data, MSTR has slid toward the $170 level. It has nearly erased its extra value it has over the company’s underlying Bitcoin reserves. The stock drop placed renewed attention on Strategy’s valuation. Also, it raised concerns about whether the company still has enough cushion to withstand deeper market stress. Meanwhile, Michael Saylor’s post follows his community poll, which showed that 77.8% of participants held their Bitcoin throughout the week. This happened even as the BTC…
Filed under: News - @ November 23, 2025 5:22 pm