Huo Xing Cai Jing reports that Michael Saylor, founder of Strategy, posted that capital markets are funding AI infrastructure at an unprecedented scale, with approximately $40 billion in funding over the past six months. Saylor noted that since May 14, Bitcoin ETFs have experienced approximately $4 billion in outflows, putting downward pressure on BTC prices. However, he believes this represents capital reallocation rather than any fundamental damage to Bitcoin. Saylor stated, “Volatility creates opportunities.”
Michael Saylor Attributes Bitcoin Decline to Capital Shift Toward AI
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Summary
Bitcoin news: Michael Saylor said the recent price decline is due to capital shifting into AI infrastructure. He noted that approximately $40 billion has exited Bitcoin ETFs since May 14, calling it a capital rotation rather than a sign of weakness. Traders are now monitoring altcoins as funds reallocate.
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