Strategy Chairman Michael Saylor and Bitcoin [Photo: Reve AI]

[DigitalToday reporter Yoonseo Lee] Michael Saylor (마이클 세일러) forecast that the ongoing Bitcoin downturn is less severe than in the past and that a swift recovery will follow.

The Crypto Basic, a blockchain outlet, reported on Feb. 18 that Saylor said in an interview with Fox Business, "Previous bear markets were deeper and lasted longer, but this correction will end relatively quickly and a strong rebound will follow."

He cited changes in market structure and broader institutional participation as the basis for his outlook. He said banks are supporting Bitcoin more actively than in the past, strengthening digital payment and credit networks. He also called U.S. President Donald Trump a "Bitcoin president" and pointed to a growing friendly mood in politics as another variable.

Strategy holds 714,644 bitcoins, with an average purchase price of $76,056 per coin. With Bitcoin trading in the $67,000 range, valuation losses on its holdings are continuing. Even so, Saylor said, "Bitcoin spring is coming," and did not withdraw his optimism.

He repeatedly stressed that the company's financial position is solid. He said it can repay debt with its holdings even if Bitcoin falls to $8,000, seeking to dismiss liquidity concerns. He also laid out a plan to convert convertible bonds into shares within the next 3 to 6 years and to buy additional Bitcoin each quarter. Saylor's remarks are interpreted as showing confidence in Bitcoin's long-term growth potential despite short-term price fluctuations.

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