Saylor Attributes Bitcoin Decline to AI Capital Rotation
2026-06-04 12:27:43
Bitcoin has dropped over 14% in the past week and 22.7% in the past four weeks, with Strategy Chairman Michael Saylor attributing the decline to capital rotation into artificial intelligence infrastructure. According to CoinDesk, Saylor noted that approximately $400 billion has been deployed into AI over the past six months, while $4 billion has flowed out of U.S.-listed spot ETFs since mid-May. Despite Strategy selling 32 BTC, Saylor remains bullish, viewing the volatility as a temporary opportunity. The firm still holds 843,706 BTC.
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