Don't run away from crypto volatility, Strategy’s Michael Saylor tells Binance event in Dubai

The chief executive of Strategy, the world’s biggest corporate Bitcoin holder, urged cryptocurrency investors to avoid getting caught up by news about volatility in the asset class.

“There's volatility in the market, there's sound and fury, there's scepticism, but there's scepticism about electricity, automobiles and airplanes,” Michael Saylor said at Binance Blockchain Week 2025 in Dubai on Wednesday.

“There's always going to be scepticism of the new, but I wouldn't get caught up, I wouldn't be afraid, or I wouldn't be cowed down by the volatility.

“The volatility means this is the most powerful, vibrant, useful thing in the entire capital market. That's why it's volatile. Don't run away from the fire, run towards the fire.”

Cryptocurrencies have borne the brunt of a sell-off in speculative assets, in a sharp reversal for a sector that had been buoyed by President Donald Trump’s pledge last year to turn the US into a “Bitcoin superpower”.

Increased cautiousness over riskier assets, spurred by the spectre of an AI bubble amid lofty tech valuations and overall economic uncertainty, has ⁠weighed on the asset class in recent weeks.

Bitcoin, the world’s largest digital currency, traded at $92,840.87 at 1.13pm on Wednesday and is down more than 30 per cent from a peak above $126,000 set in early October. Ether and other major tokens also edged higher.

The digital assets market remains on shaky ground after a sell-off that began in early October. Since then, more than $1 trillion in crypto market value has been wiped out.

Strategy – the software company that pioneered the Bitcoin treas