Saylor Says Bitcoin Fundamentals Remain Intact as AI Capital Rotation Pressures Price

Michael Saylor, executive chairman of Strategy, said Bitcoin’s recent decline reflects a rotation of capital into artificial intelligence investments.

In a post on X on June 4, Saylor wrote that capital markets are funding AI infrastructure on a historic scale, with about $400 billion deployed over the past six months. By contrast, about $4 billion has flowed out of spot Bitcoin exchange-traded funds since May 14, adding downward pressure on Bitcoin.

He said the move reflects capital rotation rather than any deterioration in Bitcoin’s fundamentals, adding that volatility creates opportunity.

Strategy’s recent sale of 32 Bitcoin also drew market attention. CoinDesk reported that the company still holds about 843,700 Bitcoin, though some analysts say the move may have fueled bearish sentiment and worsened Bitcoin’s decline.