Strategy’s Saylor Says Bitcoin “A Lot Less” Volatile After Crash That Erased Yearly Gains

Strategy executive chairman Michael Saylor says that Bitcoin is becoming a “lot less volatile” even after the crypto market leader has erased its 2025 gains in the recent crash. 

“You know, I think we are getting less volatility,’ Saylor said in an interview with Fox Business. 

“When I got into this space in 2020, Bitcoin was an 80 vol. asset, growing about 80% a year. And it’s ground down to 70-70, 60-60, and now it’s 50 vol. asset, growing about 50% a year,” he added. 

BTC price (Source: CoinMarketCap)

Saylor’s comments come as Bitcoin dropped below the psychological $100K mark in the past few days. It briefly dipped below $90K as well, but has since recovered to trade at $90,675.23 as of 2:27 a.m. EST, data from CoinMarketCap shows. 

Despite that recovery, BTC is down over 1% on the yearly time frame. It’s also over 28% down from the all-time high (ATH) of $126,198.07 that it set on Oct. 6. 

Bitcoin Will Be 1.5X “Better Performing” Than The S&P 500

Saylor went on to predict that Bitcoin’s volatility would drop around 5% every few years “as it matures.” 

He then said that BTC is “grinding toward being about one and a half times as volatile as the S&P 500 index and one and a half times better performing” than the index as well. 

The S&P 500 index is a stock market index that is weighted by market capitalization and tracks 500 of the largest companies in the US. 

Strategy has met the technical eligibility to be included in the index, but was not selected in the recent round of additions. Instead, Robinhood Markets was added even though analysts argued that Strategy has stronger financials. 

MSTR Jumps 5% After Saylor Says Strategy Is “Indestructible”

Strategy started accumulating Bitcoin back in 2020, and has consistently grown its reserves in the crypto over the years. This has seen the company become the largest corporate BTC holder globally. 

Data from Bitcoin Treasuries shows that Strategy holds 649,870 BTC on its balance sheet. This is over ten times more than the BTC held by the next-biggest Bitcoin Treasury, MARA Holdings, with its 53,250 BTC. 

Top 10 largest corporate BTC holders (Source: Bitcoin Treasuries)

The company’s most recent purchase was announced earlier this week. Saylor said that his firm bought 8,178 BTC for around $835.6 million at around $102,171 per Bitcoin.

Given the company’s substantial holdings in the crypto, analysts see Strategy’s shares (MSTR) as a proxy for BTC’s price performance. With the latest retracement in the leading crypto’s price, MSTR’s share price has plummeted more than 49% in the past six months, data from Google Finance shows. 

To fund its Bitcoin purchases, Strategy has launched multiple debt financing tools. Amid the drop in BTC and MSTR’s prices, gold advocate and Bitcoin critic Peter Schiff has publicly called Strategy’s business model “a fraud” that will eventually result in bankruptcy for the firm. 

When asked in the interview if more downside for Bitcoin will lead to a collapse for Strategy, Saylor replied by saying that Strategy is the “best capitalized company in the crypto economy.”

“We have billions of dollars of liquidity in the equity every day, and our credit instruments are 100 times more liquid than the average preferred equity,” he added. 

Saylor then said that Strategy believes Bitcoin’s value will appreciate around 30% a year for the next 20 years.

Even if Bitcoin only appreciates by 1.25% a year, Strategy can deliver on the yields offered through its debt instruments and “create more shareholder value,” the executive chairman said. 

“If Bitcoin stops going up 0% forever, we have about 80 years to figure out what we’re going to do about that,” he added. 

Saylor then said that Strategy is “engineered to take an 80% to 90% drawdown” and still “keep on ticking.” 

“So I think we’re pretty indestructible,” he added. 

MSTR closed yesterday’s trading session up more than 5% following the interview. However, there was some after-hours selling activity that saw the company’s share price dip more than 1% during this period.