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XLM $0.1593 +0.07%
ZEC $486.74 +0.62%
BTC $62,924.46 -0.26%
ETH $1,874.27 -0.08%
BNB $605.49 -0.32%
XRP $1.00 -0.38%
SOL $75.09 -0.72%
TRX $0.3325 -0.16%
DOGE $0.0697 +0.04%
ADA $0.1794 -0.82%
BCH $202.23 -1.68%
LINK $8.92 +1.68%
HYPE $55.60 -3.24%
AAVE $86.50 -0.86%
SUI $0.6782 -0.75%
XLM $0.1593 +0.07%
ZEC $486.74 +0.62%

Michael Saylor: The decline in Bitcoin is due to funds flowing towards AI, which is a rotation of capital rather than a damage to Bitcoin itself

2026-06-04 19:47:58

Strategy founder Michael Saylor stated that the capital markets are providing funding for AI infrastructure on an unprecedented scale, with approximately $400 billion raised in the past six months. Saylor pointed out that since May 14, there has been about $4 billion in outflows from Bitcoin ETFs, putting pressure on BTC prices. However, he believes this is a rotation of capital rather than damage to Bitcoin itself. Saylor stated, "Volatility creates opportunity."

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