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According to Odaily, Michael Saylor stated in an interview on Tuesday: "I believe bitcoin volatility has significantly decreased." He mentioned that when he began buying bitcoin for Strategy in 2020, its annualized volatility was around 80%. Since then, bitcoin's volatility has been on a downward trend and is currently about 50%.
He noted that bitcoin's volatility may further decrease by about 5 percentage points every few years, and as the asset matures, its volatility will approach 1.5 times that of the S&P 500 index, while "its performance will also be 1.5 times better than the S&P 500." In addition, Michael Saylor said he is not worried about a larger drop in bitcoin, as the company's design can withstand an 80% to 90% drawdown and still operate normally. (Cointelegraph)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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