Michael Saylor Talked about a Decrease in Bitcoin Volatility and Called the Strategy “Indestructible”

• Michael Saylor said that bitcoin’s volatility is decreasing despite the market’s decline.
• He assured that “bitcoin is stronger than ever,” and Strategy is “indestructible.”
• According to him, the company will be able to operate even if the price of the asset drops by 80-90%.

Michael Saylor, Executive Chairman of Strategy, rejected the assumption that Wall Street’s entry into the bitcoin market hurt the volatility of the asset or caused the current drop in its price. In an interview with Fox Business, he stressed that despite the market downturn, bitcoin is only getting more stable.

As a reminder, on the night of November 18, 2025, bitcoin fell to $89,253, leveling off its growth since the beginning of 2025.

However, Saylor recalled that when Strategy started buying bitcoins in 2020, the annual volatility of the asset was approximately 80%. Now, he said, it has dropped to around 50%.

He expects the volatility to decrease by about five more points every few years until the first cryptocurrency approaches stability, which will be “1.5 times as volatile as the S&P 500 Index, and 1.5 times better performing.”

Amid the market correction, the Strategy’s multiple mNAV (Market Net Asset Value) fell to 1.11, down from 1.52 at the time of bitcoin’s historic high of $125,100 on October 5.

Saylor said that even a deeper drop in the price of bitcoin does not bother him.

It is worth noting that Strategy’s co-founder has long been known as one of the most influential bitcoin maximalists. He believes that the asset can change the lives of humanity in the same fundamental way that the discovery of fire once did: by providing hope, warmth, and protection. Strategy remains the largest corporate bitcoin holder in the world, according to Bitcoin Treasuries.

Amid a shrinking premium between Strategy’s capitalization and its bitcoin holdings, analysts at Cantor Fitzgerald LP, TD Cowen, and Maxim Group LLC have cut their target share prices to the lowest level since May. In their opinion, Strategy’s plan is only possible if the asset rises to $150,000.

Although the company reported $2.8 billion in net profit in the third quarter (better than expected), it did not dispel concerns about future results.

Despite the market turbulence and discussions about the movements of the first cryptocurrency on its wallets, Strategy is gaining ground. The company has recently purchased 487 BTC for $49.9 million, bringing its November purchases to 884 BTC, and for the whole of October, it bought 778 BTC.

Earlier, we wrote that Saylor also denied rumors of possible bitcoin sales: he insists that the company is not selling assets.