Michael Saylor Compares Bitcoin to Apple, Sees Long-Term Upside

Michael Saylor, Strategy's CEO, recently shared his thoughts on the current state of the cryptocurrency market in an interview with Natalie Brunell. He compared bitcoin's roughly 45% decline from its all-time high to similar pullbacks endured by dominant technology stocks like Apple.

Saylor noted that it has been 137 days since the last peak, framing the period as a routine 'valley of despair' rather than a structural failure. He argued that critics underestimate how long it can take for conventional finance to embrace a new asset class and that banks may need four to six years to fully custody, lend against, and integrate bitcoin into mainstream credit systems.

Saylor emphasized that volatility remains central to his thesis, citing the global utility of bitcoin as a key factor. He suggested that traders inject capital precisely because the asset moves when other markets are closed.