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.

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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."

BTC-3.74%
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