MicroStrategy: Bitcoin Volatility at 50%, Buys More BTC
MicroStrategy reported that Bitcoin volatility has fallen from about 80% in 2020 to near 50% today, marking a maturing market. CEO Michael Saylor said the firm’s structure—featuring 10–15% leverage—can withstand an 80–90% BTC drawdown. During Nov. 10–16, MicroStrategy added over 8,178 BTC at an average cost of $74,443, dispelling sale rumors. The company now holds 649,870 BTC. Despite an 11% price pullback to roughly $91,500 last week, institutional investment grew: Canada’s CPP pension fund and Florida’s board invested $80 million and $47 million respectively. Saylor forecasts Bitcoin volatility will continue to decline toward 1.5× that of the S&P 500, with proportional returns, bolstering long-term investor confidence.
Bullish
MicroStrategy’s continued Bitcoin accumulation and CEO Michael Saylor’s confidence in riding out an 80–90% drawdown highlight institutional support and reduced market volatility, signaling increased market stability. The addition of 8,178 BTC amid price dips and significant pension fund investments suggests strong demand. Forecasts of further volatility declines and proportionally higher returns could boost trader confidence, making the outlook bullish for BTC in both the short and long term.