Saylor Refutes Volatility Concerns as Bitcoin Trades at $90,595

Michael Saylor, executive chairman of Strategy, dismissed claims that institutional participation has amplified Bitcoin's price swings. He noted annualized volatility has dropped from 80% in 2020 to approximately 50% currently, despite Bitcoin's recent 12% weekly decline to $91,616. Strategy holds 649,870 BTC valued at $59.59 billion, according to SaylorTracker.