Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense

Jun 9, 2026 - 06:45
Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense
While bitcoin BTC$63,463.98-holder listed firm Strategy’s chairman Michael Saylor blamed the AI boom for last week’s bitcoin selloff, crypto investment firm Arca is pointing the finger squarely at Saylor himself. “The selling pressure last week was clearly due to the Saylor/MSTR news,” wrote Arca’s Chief Investment Officer Jeff Dorman in his weekly note, pushing back...

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