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<p dir="ltr">Michael Saylor, Chairman of<a href="https://u.today/microstrategy-skyrockets-with-bitcoins-surge-past-106000-details">MicroStrategy</a> business intelligence firm, dropped his usual <a href="https://x.com/saylor/status/1870097875289456812">post</a> on X. The message reflects Saylor’s bullish disposition to Bitcoin (BTC) regardless of market dynamics. As the current price rapidly declines, Saylor has ignored the gloom and issued a notable message to Bitcoin investors.</p>
<h2 id="resilience-in-face-of-volatility">Resilience in face of volatility</h2>
<p dir="ltr">Saylor issued a four-word statement: "Wear a Hard Hat." The Bitcoin enthusiast attached an image of himself in an orange hard hat, inscribed with Bitcoin and a vest. Behind him are screens of market activities as traders stare at what might be an ongoing gloomy market run.</p>
<p dir="ltr">Despite the tense atmosphere, Saylor maintains that investors must wear a hard hat as the market suffers, which could be a momentary crash.</p>
<p dir="ltr">Notably, workers stay safe on a construction site by wearing a hard hat to protect themselves from crashing objects. Saylor appears to have the same advice for Bitcoin investors to protect themselves.</p>
<p dir="ltr">Analysts suggest that investors could use stop-loss orders, hedge with derivatives or monitor market sentiments in a crashing market. However, the Bitcoin advocate would rather stay calm and stick to his Bitcoin accumulation plan for Saylor.</p>
<h2 id="microstrategy-s-continued-bitcoin-strategy">MicroStrategy’s continued Bitcoin strategy</h2>
<p dir="ltr">As reported by U.Today, Saylor continues to stick to his massive accumulation strategy on Bitcoin regardless of price.</p>
<p dir="ltr">When Bitcoin hit $100,700 after suffering a momentary dip, Saylor rejected the idea of <a href="https://u.today/bitcoin-reclaims-100k-as-microstrategys-saylor-rejects-idea-of-taking-gains">selling for profit-taking in an interview</a>. He maintained that the Bitcoin community would never trust MicroStrategy should it decide to sell BTC.This highlights Saylor's and MicroStrategy's holding strategy.</p>
<p dir="ltr">Meanwhile, Saylor has hinted at changing MicroStrategy’s <a href="https://u.today/bitcoin-buyer-microstrategy-to-change-fundraising-strategy">fundraising approach</a> to add more intelligent leverage. Having achieved targets faster than anticipated, Saylor says the company will continue to raise capital primarily via fixed-income markets.</p>
<p dir="ltr">He believes the company needs more leverage to compensate for its increasing deleveraged position.</p> <a href="https://u.today/michael-saylor-issues-bitcoin-statement-amid-ongoing-crypto-market-turmoil">Read original article on U.Today</a>

Michael Saylor Issues Bitcoin Statement Amid Ongoing Crypto Market Turmoil

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