Michael Saylor Thinks Bitcoin’s 30% Drop is ‘Healthy’? 😂

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Key Takeaways (Because Why Not?)

Why is Saylor Positive About the Drawdown?

Oh, sure, because nature’s way of telling crypto investors they’re not as tough as they think. According to him, it’s a “healthy” market reset that flushes out leverage and weak hands. Translation: “You’re all tourists. Stay classy.” 🤷♂️

What’s the Impact of Strategy’s $835M Bid?

Let me guess, this “bid” is just a fancy way of throwing good money after bad. ETFs are still selling like it’s Black Friday at the casino. 🎰💸

While a section of the crypto community panics like their life savings are gone (spoiler: they’re not), Michael Saylor chugs his coffee and says, “Relax, it’s just a little volatility!” 🏖️

In an interview with Fox Business, he claimed BTC’s value proposition is “intact,” even though it just erased its yearly gains. Classic move, Michael. Like telling your ex you still love them after they stole your Wi-Fi password. 🤡

“Bitcoin has been around for 15 years, has had 15 major drawdowns. It has always come back to a new all-time high.”

Oh, sure, because every 15 years of crashes just makes it more reliable! 😒

“This (drawdown) is normal… It clears out the tourists, the leverage, and the weak holders.”

Wow, Michael, you’re basically Mother Nature. Next you’ll tell us to “embrace the chaos” while you sip your $5 latte. ☕

The crypto asset has shed over $35K or 29% after dropping from $126k to $90k. Congrats, everyone’s now broke. 🙌

Although the decline is “within bull run parameters,” the 50-Week EMA got cracked like a piñata. Let’s hope it’s candy, not bricks. 🎉

Saylor added that Strategy can survive another 80-90% BTC drawdown. Because why not? We’ve got time! ⏳

Can Strategy’s $835M Bid Ease BTC’s Plunge?

Strategy added 8,178 BTC ($835.6M) on Nov 17th. Because if buying more Bitcoin while it’s falling isn’t a solution, what is? 🤷♂️

The firm funded this by selling Euro-based STRE preferred stock. Genius move, or just desperate? Your call. 🎲

However, Strategy’s unrealized profit on BTC holdings dropped from $31B (67%) to $11B (23%). Classic “buy high, cry low.” 😢

Peter Schiff, the guy who predicted the moon would crash into Earth, had this to say:

“Congratulations, you’re already down 10% on last week’s buy. You must buy even more Bitcoin this week to slow the decline.”

Brilliant logic, Peter. Let’s all just print money and throw it out a window. 🪙🔥

Source: CryptoQuant

Julio Moreno, a crypto oracle of wisdom, said Strategy’s bid is “relatively small.” Because $835M is just pocket change when you’re fighting a $1T market cap. 🤷♂️

The next recovery catalyst? A Fed rate cut in December. Clarity will come after the September Jobs report on Nov 20. Because nothing says “trust us” like relying on government data. 📊

Meanwhile, MSTR stock is back above $200, and BTC reclaimed $90k. Both are down 28% and 2% YTD. So, technically, we’re winning? 🏆

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2025-11-19 19:38