$BTC Michael Saylor’s massive Bitcoin holdings have slipped into unrealized loss territory as prices pull back.
Despite the red ink, Saylor is unlikely to panic or sell under pressure.
His strategy has always been long-term accumulation, not short-term price timing.
Saylor views Bitcoin as digital property, designed to outperform over multi-year cycles.
MicroStrategy’s purchases were largely funded with long-dated debt, reducing near-term risk.
Historically, Saylor has doubled down during downturns rather than cutting exposure.
He believes volatility is the price paid for long-term asymmetric upside.
Institutional adoption and ETF inflows still support his bullish thesis.
Past drawdowns have repeatedly preceded strong Bitcoin recoveries.
For Saylor, being “underwater” is just another phase of the Bitcoin journey.