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Michael Saylor: The decline in Bitcoin is due to capital flowing into AI, which is a rotation of capital rather than a loss in its intrinsic value.
BlockBeats News, June 4th, Strategy founder Michael Saylor posted that the capital market is providing funding for AI infrastructure development on an unprecedented scale, with approximately $400 billion raised over the past 6 months.
Saylor pointed out that since May 14th, about $4 billion has flowed out of Bitcoin ETFs, putting pressure on BTC prices. However, he believes this is a capital rotation rather than a damage to Bitcoin itself. Saylor stated, "Volatility creates opportunities."