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via Decrypt · By Decrypt Editorial
Strategy's Michael Saylor Blames 'Capital Rotation' Into AI as Bitcoin Dives 13%
BTC
BTC/USDT
$84,180.77
-0.81%
$84,180.77
-0.81%
(24s)24h Volume
$13,039,976,715.62
24h H/L
$84,978.15 / $83,183.00
Change: $1,795.15 (2.16%)
Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate
+0.0004%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(06:06 PM UTC)
1 min read
In brief
- Michael Saylor pointed to the unprecedented AI buildout as a reason for Bitcoin's recent decline.
- The Strategy chairman highlighted more than $4 billion in ETF outflows as proof of capital rotation.
- Bitcoin has fallen alongside MSTR shares, dipping 22% and 30% respectively over the last month.
Strategy co-founder and chairman Michael Saylor said the flight of capital into artificial…
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