Saylor Defends MSTR, Calls Bitcoin Volatility ’Satoshi’s Gift’
MicroStrategy CEO Michael Saylor has pushed back against MSCI’s move to reclassify MSTR as a fund-like vehicle, citing concerns over its Bitcoin volatility exposure. He stressed that MicroStrategy runs a $500 million software business and issues over $7.7 billion in notional structured-finance products, including the STRC bitcoin-backed credit instrument. Saylor rejected the fund label, emphasizing that the firm actively creates and operates digital credit solutions rather than passively holding assets.
He also defended Bitcoin volatility as “Satoshi’s gift,” advising investors to commit with a four- to ten-year horizon and consider credit products for shorter-term exposure. Saylor argued that volatility fuels specialized trading opportunities and value creation.
Technically, MSTR stock has slid over 14% to test a key support zone near $190. Indicators show an oversold Stoch RSI and a widened Bollinger Band, suggesting a potential stabilization point. Sharp volume spikes indicate short-term capitulation, offering a possible entry if the support holds. Despite this, MSTR remains below its mid-2025 range, and the broader downtrend remains intact.
Neutral
While Saylor’s strong defense reduces regulatory and classification risk for MicroStrategy, the technical drop in MSTR stock tempers immediate bullish sentiment. His long-term view on Bitcoin volatility underlines ongoing confidence, mirroring past behavior when MicroStrategy bought BTC during the 2022 market crash. However, the breach of mid-2025 price levels and oversold indicators suggest caution. Traders may use the $190 support zone for entries, but the broader downtrend implies limited upside without a clear reversal in volatility patterns. Overall, the news balances conviction with current market pressure, leading to a neutral impact.