U.Today – Michael Saylor, president of business intelligence firm MicroStrategy, has abandoned his usual message on X. The message reflects Saylor’s bullish disposition towards (BTC), regardless of market dynamics. With the current price dropping rapidly, Saylor shrugged off the gloom and delivered a notable message to Bitcoin investors.
Resilience in the face of volatility
Saylor issued a four-word statement: “Wear a safety helmet.” The Bitcoin enthusiast attached an image of himself wearing an orange helmet, emblazoned with Bitcoin, and a vest. Behind him are screens of market activity as traders watch what could be a grim market development.
Despite the tense atmosphere, Saylor maintains investors need to wear a safety helmet as the market suffers, which could lead to a momentary crash.
Notably, workers stay safe on a construction site by wearing a safety helmet to protect themselves from crashing objects. Saylor appears to give the same advice to Bitcoin investors to protect themselves.
Analysts suggest investors could use stop-loss orders, hedge with derivatives or monitor market sentiments in a falling market. However, the Bitcoin advocate prefers to stay calm and stick to his Bitcoin accumulation plan for Saylor.
MicroStrategy’s Bitcoin Strategy Continues
As U.Today reports, Saylor continues to stick to his strategy of mass accumulation on Bitcoin, regardless of the price.
When Bitcoin hit $100,700 after suffering a momentary decline, Saylor dismissed the idea of selling for profit 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 hinted at changing MicroStrategy’s fundraising approach to add smarter leverage. Having achieved its goals faster than expected, Saylor says the company will continue to raise capital primarily through fixed income markets.
He believes the company needs more leverage to offset its growing deleveraging.
This article was originally published on U.Today
