A new post about the decline came from the biggest institutional Bitcoin bull, MicroStrategy (now Strategy) founder Michael Saylor.
Saylor humorously suggested investors adopt a HODL strategy in Bitcoin:
“Sell your kidney if necessary, but don't sell your Bitcoins, keep them.”
Bitcoin (BTC) Talks Held!
While emphasizing the need to continue holding Bitcoin, Saylor also continues to make moves regarding the US Bitcoin reserve.
At this point, Saylor stated that he met with US Representative French Hill and discussed the establishment of a US strategic Bitcoin reserve.
“I had the opportunity to sit down with the House Financial Services Committee and Representative French Hill to discuss digital assets and how we can make the United States a global leader in Bitcoin and crypto.
Digital assets can unlock a frictionless future of payments and provide new sources of access to capital.
“I look forward to the House Financial Services Committee’s work to create a common-sense legal framework that will provide clear rules of the road, fulfilling President Trump’s promise to make the United States the crypto capital of the world.”
*This is not investment advice.