PakGazette – Michael Saylor, president of business intelligence firm MicroStrategy, abandoned his regular post on X. The message reflects Saylor’s bullish disposition toward (BTC) regardless of market dynamics. As the current price falls rapidly, Saylor ignored the pessimism and issued a notable message to Bitcoin investors.
Resilience against volatility
Saylor issued a four-word statement: “Wear a helmet.” The Bitcoin enthusiast attached an image of himself wearing an orange helmet, with the inscription Bitcoin, and a vest. Behind him are screens of market activities as traders watch what could be a grim market in progress.
Despite the tense atmosphere, Saylor maintains that investors should wear a helmet while the market suffers, which could cause a momentary drop.
In particular, workers stay safe on a construction site by wearing a helmet to protect themselves from crashing objects. Saylor seems to have the same advice for Bitcoin investors to protect themselves.
Analysts suggest investors could use stop-loss orders, hedge with derivatives or monitor market sentiment in a failing market. However, the Bitcoin advocate would prefer to stay calm and stick to his Bitcoin accumulation plan for Saylor.
MicroStrategy’s Ongoing Bitcoin Strategy
As PakGazette reported, Saylor continues to stick to his massive Bitcoin accumulation strategy regardless of price.
When Bitcoin hit $100,700 after taking a momentary dip, Saylor rejected the idea of selling for profits in an interview. He argued that the Bitcoin community would never trust MicroStrategy if it decided to sell BTC. This highlights Saylor and MicroStrategy’s holding strategy.
Meanwhile, Saylor has hinted that he will change MicroStrategy’s fundraising approach to add smarter leverage. Having achieved its goals faster than anticipated, Saylor says the company will continue to raise capital primarily through the fixed income markets.
He believes the company needs more leverage to offset its growing deleveraged position.
