Michael Saylor, founder of Strategy (MSTR), once again caught the attention of the crypto community with his statement: "Sell a kidney if you must, but keep the Bitcoin". His comment came amid another BTC drop below $80K, triggering liquidations and market panic.
Although Saylor’s remark was meant as a joke, many took it seriously. Some supported his call to hold Bitcoin despite high volatility, while others pointed out that Strategy acquired BTC at $97K, putting the company in a difficult position.
BTC Crash Threatens Strategy’s (formerly MicroStrategy) Approach
According to CoinMarketCap, Bitcoin has lost over 19,6% in the past week, pressured by Donald Trump’s trade policies, a liquidity crisis, and broader economic instability.
If BTC drops another 16%, MicroStrategy will enter a loss on its BTC holdings, while already carrying $8 billion in debt, analysts warn.
Many are questioning whether Saylor’s aggressive Bitcoin accumulation was too risky. Some experts believe that a further decline in BTC could negatively impact Strategy's (MSTR) stock, potentially putting the entire business at risk.
Bloomberg recently published an article suggesting that struggling companies (Goodfood Market, Metaplanet, Semler Scientific, etc.) are buying BTC as a last-ditch effort to stay relevant. Instead of investing in business growth, they allegedly acquire Bitcoin to attract investor attention.
Saylor’s company remains the biggest proponent of this strategy. However, as more firms adopt a similar approach, the impact is weakening, leading hedge funds to speculate on these stocks.
Saylor Pushes for a Strategic U.S. Bitcoin Reserve
Despite market volatility, Saylor continues advocating for a U.S. strategic Bitcoin reserve.
This week, he met with the U.S. House Financial Services Committee to discuss Bitcoin’s role in the national economy. Participants included Congressman Dan Meuser and Representative French Hill.
Saylor argued that digital assets could make payments more efficient and expand capital access across the economy. He emphasized that the U.S. should lead in blockchain and cryptocurrency adoption, urging regulatory support for the industry.
Congressman Meuser stated that Trump’s team aims to turn the U.S. into the "world’s crypto capital," and the Financial Services Committee will work on drafting regulations for digital assets.
Bitcoin Under Pressure, But History Brings Optimism
As BTC continues its decline, former Binance CEO Changpeng Zhao (CZ) reassured investors that "Bitcoin won’t die."
He reminded the community that in 2021, Bitcoin fell by 53% before hitting a new all-time high. CryptoQuant’s CEO also noted that 30% corrections are normal during bull cycles, warning against panic selling.
The market remains highly volatile, and Bitcoin’s next move will depend on macroeconomic factors and institutional investor behavior.
BTC briefly fell below $80K and, at the time of writing, is trading at $79.29K.
