Strategy MSTR executive chairman Michael Saylor jokedly advocated for a high-risk strategy to keep Bitcoin BTC/USD investments in light of the recent market downturn.
What Happened: In an X post on Friday, Saylor wrote "Sell a kidney if you must but keep the Bitcoin."
His statement comes on the heels of Bitcoin dropping 18.2% in the past seven days.
Saylor recently also joked about taking a second job to buy more BTC, while in February, he stated: “Never sell your Bitcoin—buying strengthens the network, selling weakens it.”
In a post on X on Feb. 17, Saylor outlined his "21 Rules of Bitcoin," stating: "Those who understand buy Bitcoin, those who don't criticize it."
21 Rules of ₿itcoin1. Those who understand buy Bitcoin.2. Those who don't, criticize Bitcoin.3. Everyone is against Bitcoin before they are for it.4. You will never be done learning about Bitcoin.5. Bitcoin is powered by chaos.6. Bitcoin is the only game in the casino…
— Michael Saylor⚡️ (@saylor) February 17, 2025
Also Read: Jamie Dimon Was A Believer In Smart Contract Cryptos Long Before JPMorgan Hit The Buy Button On Ethereum ETFs: Here’s What The CEO Said
Why It Matters: Macro analyst, Jim Bianco reminded readers on X on Friday that Strategy is down 28% since Michael Saylor appeared on the cover of Forbes one month ago.
MSTR's long-term trajectory remains tied to Bitcoin but concerns over potential rate hikes could be impacting high-growth and speculative stocks.
Read Next:
- Bitcoin Drops Below $85,000: What Does Technical Analysis Say?
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