Michael Saylor downplays bitcoin drop: 'Run toward the fire'

Source: Exame Original Title: Michael Saylor downplays bitcoin drop: ‘Run toward the fire’ Original Link: Michael Saylor, chairman of Strategy, downplayed the recent decline in bitcoin during a speech this Wednesday, the 3rd. The architect of the company’s cryptocurrency purchase strategy implemented in 2020, the executive emphasized that bitcoin is undergoing an important transformation.

Saylor participated in the first day of Binance Blockchain Week, organized in Dubai by the cryptocurrency exchange. In his speech, he highlighted that the cryptocurrency has gone through one of the “most interesting events of the past year,” referring to the “global adoption of digital finance.”

“There is a revolution happening in the capital markets, and it’s having an impact on currency, credit, derivatives. The foundation for much of this starts with bitcoin and with the adoption of bitcoin by the global financial community,” the executive commented.

Asked about the recent sharp drop in the cryptocurrency, which erased all the gains observed in 2025, Saylor downplayed the movement. “There is volatility in the market, skepticism, but there’s skepticism about any new technology. There will always be skepticism about the new, but I wouldn’t let myself be affected, be afraid, or back down because of volatility.”

“Volatility shows the energy that’s there, how useful this asset is. Don’t run from the fire, run toward it,” added the chairman of Strategy. Saylor reinforced his view that “digital is changing the world. If you want to get things done, you need to think digitally. And digital assets will change the world.”

Bitcoin’s new phase

During his speech, Saylor also shared his assessment that bitcoin is “emerging as digital capital,” and that this movement is a direct result of the new stance of the United States government regarding the asset, with President Donald Trump encouraging the expansion of the cryptocurrency market.

“It’s not just rhetoric, because he appointed a cabinet that brings together several crypto advocates. The vice president is one of them. The Treasury Secretary is another. The SEC chairman is another. It’s unprecedented support for the asset class from the people running the U.S. government. For bitcoin to emerge as digital capital, it needs to be embraced by the global financial system,” he said.

Saylor believes that this adoption has been the big new development since last year, especially from banks and other traditional financial market companies that, until a few months ago, “were quite critical” of the asset.

“Bitcoin is the economic, ethical, and technical foundation of this entire digital market. And it’s all that because it has the greatest power. Greatest electric power, greatest computational power, greatest negotiation power, greatest political power, greatest economic power,” he explained.

The executive believes that cryptocurrency and blockchain technology can be used to “rethink insurance, the banking system, asset trading. Strategy focused on rethinking credit. Creating a new extraordinary type of credit. We want to have the second largest corporate reserve of any asset within 3 years and lead within 5 years.”

He pointed out that between 2024 and 2025, the company raised US$44.9 billion, and all the money “will go to bitcoin.” “Our bet is that bitcoin will rise more than 1.6% per year. If it does that, our shares win and become a good investment.”