Bitcoin’s rally has cooled, Strategy’s stock is under pressure, and investors are growing uneasy. But Michael Saylor, one of Bitcoin’s loudest champions, isn’t backing down.
The Strategy cofounder has taken to X with yet another bullish message. Dive right in.
Ignore the Bears!
Saylor has one message for investors: “Ignore the Bears”
He posted the phrase on X alongside an AI image of himself dressed like a hunter, walking through the woods with a bear trailing behind. The “B” in his message was stylized with four vertical lines – a clear nod to Bitcoin.
Others shared his energy with tweets like “Bitcoin to the moon”!
Bitcoin Falls From Recent Peak
Bitcoin has dropped more than 5% in the past week, slipping from its all-time high near $124,000 to around $113,894.
The sharp move down was fueled by profit-taking and heavy liquidations across exchanges. While Bitcoin cooled off, Ethereum went the other way. ETH hit $4,200 this week and attracted over $1 billion in ETF inflows, a new milestone. Some analysts now believe Ethereum could even outperform Bitcoin in this cycle.
Strategy’s Stock Under Pressure
Saylor’s company, Strategy (formerly MicroStrategy), is facing its own challenges. Shares fell 7.43% on Tuesday to $336.57, their lowest since April, and are now down 21% in a month.
The drop followed a policy change that rattled investors. Strategy had previously pledged not to issue new shares below 2.5 times its net asset value.
This week, the company reversed that stance, saying it can issue shares below that threshold “to pay interest on debt obligations, fund preferred equity dividends, and when otherwise deemed advantageous to the company.”
The move triggered sharp criticism. One X user wrote: “Promising investors one thing, then changing very soon after, is not a good sign in my opinion.”
Many assume that Strategy’s latest post is in direct response to such criticism.
Still Buying the Dip
Despite the backlash, Saylor is sticking to his playbook. On Monday, Strategy revealed it had bought another 430 BTC worth $51.4 million. The company now holds 629,376 BTC, valued at more than $71 billion.
For Saylor, the strategy is unchanged: keep buying Bitcoin, no matter the price swings.
Bitcoin’s rally has hit turbulence, Strategy’s stock is under fire, and investors are divided. But Saylor’s stance remains the same as ever: stay bullish, keep holding, and ignore the noise. Will you follow his advice?
