Michael Saylor Says He Buys Bitcoin During Dips and Views Pullbacks as Routine Deleveraging

Michael Saylor said he is buying Bitcoin during each market dip and described the current pullback as unsurprising. According to ChainCatcher, Saylor said Bitcoin has seen 15 major drawdowns over the past 15 years, and that a drawdown is a natural deleveraging process for the asset. He added that such deleveraging tends to occur every six months to one year, and said he has personally experienced five large drawdowns, arguing that declines are temporary.