Michael Saylor, a prominent advocate for Bitcoin, has recently shared an optimistic perspective on the cryptocurrency. Despite the market experiencing turmoil due to a significant drop in Bitcoin’s value, Saylor has articulated what he considers to be the fundamental principle for embracing Bitcoin.
Saylor Reinforces HODLing Philosophy
In a recent post on X, Michael Saylor outlined his established guidelines for engaging with Bitcoin. His first piece of advice is straightforward: “buy Bitcoin,” a mantra he has championed since August 2020 when he made his initial investment in this digital asset.
For those investors who follow this initial guideline, Saylor further advised them against selling their holdings.
The Rules of Bitcoin
1. Buy Bitcoin
2. Don’t Sell the Bitcoin— Michael Saylor (@saylor) February 3, 2026
The recent fluctuations in Bitcoin’s price have tested many seasoned investors’ confidence as it dipped below the acquisition cost of Strategy, which is Michael Saylor’s business intelligence and software company.
This week, Strategy purchased 855 $BTC at around $75.3 million with each coin priced at $87,974. This current valuation has led Strategy to face substantial unrealized losses amounting to millions.
As of February 1st, the firm reported holding onto 713,502 $BTC, acquired for roughly $54.26 billion at an average cost of $76,052 per coin. Given that there is an inverse relationship between BTC prices and MSTR NAV (Net Asset Value), many anticipated that Saylor might consider minimizing his losses.
Nevertheless, this latest update indicates that selling off assets is not an option being considered by him.
The Speculation Around Crypto Market Recovery
The decline in Bitcoin’s price has also impacted other leading cryptocurrencies within the market landscape. Ethereum fell below $2,500 while Cardano slipped out of the top ten crypto assets list, creating opportunities for Hyperliquid to emerge.
Diverse members within the crypto community are now hoping for a turnaround influenced by Jim Cramer’s commentary as he provided a fresh outlook on asset pricing amidst these challenges.
With market sentiments fluctuating wildly right now and actions taken by both Michael Saylor’s Strategy and Tom Lee’s Bitmine indicating ongoing institutional confidence in potential future gains ahead.