Strategy's Bitcoin accumulation strategy
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Is Michael Saylor Behind Bitcoin Price Decline? Critics Blame Slowing Strategy Purchases As Saylor Refuses To Back Down
Yahoo Finance· 2026-02-04 13:37
Key Takeaways Strategy’s Bitcoin bet has turned negative as prices fall below its average cost. Critics argue that Strategy’s reduced ability to keep buying Bitcoin is removing a major source of price support. Saylor remains firmly bullish despite the drawdown. Michael Saylor reiterated his refusal to sell Bitcoin on Monday, even as Strategy’s vast BTC holdings fell below their average purchase price, drawing renewed criticism from market commentators who argue the company’s ability to support Bitc ...