Bitcoin Price Rebounds as Saylor Remains Optimistic on Long-Term Growth

Michael Saylor, CEO of Strategy, has expressed his confidence in Bitcoin's long-term growth prospects despite the recent price drop. In an interview, he compared Bitcoin's 45% decline from its all-time high to Apple's similar pullback in 2012-2013, suggesting that it is a normal part of the asset's growth cycle.

Saylor attributes Bitcoin's volatility to its global utility and operating hours, which attract traders who inject capital precisely because the asset moves when other markets are closed. He emphasizes that short-term fluctuations are largely noise for long-term investors, who should view episodic drawdowns as part of a broader upward trajectory.

The Strategy CEO also highlighted the company's efforts to develop preferred instruments that reduce volatility and provide defined yields. Through these products, he aims to make Bitcoin more appealing to retail investors who prefer predictable double-digit yields with tax advantages over higher-return assets accompanied by steep drawdowns.

Saylor dismissed concerns about quantum computing as a potential threat to Bitcoin, stating that the consensus in the cybersecurity community is that any material risk remains more than a decade away. He added that global systems, including Bitcoin, would likely adopt post-quantum cryptography upgrades if the risk emerges.