Michael Saylor Calls Bitcoin Selloff an AI Rotation as MicroStrategy Sits $10 Billion Underwater
Michael Saylor conceded that the recent Bitcoin selloff reflects a rotation of capital toward AI rather than weakness in the pioneer crypto itself. He pointed to roughly $4 billion in Bitcoin ETF outflows since May 14, with the king of crypto trading near $64,000 at the time, down about 4% on the day and nearly...
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