Michael Saylor Reacts to Bitcoin Dip With Famous Nike Founder Quote
Main Idea
Michael Saylor reacts to Bitcoin's market dip by quoting Nike founder Phil Knight, emphasizing resilience in the face of volatility, while Bitcoin's price shows minimal movement and dormant wallets see activity.
Key Points
1. Michael Saylor shared a quote from Nike founder Phil Knight on X: 'The cowards never started, and the weak died along the way,' in response to Bitcoin's market cooldown.
2. Bitcoin's price was nearly flat, up 0.06% in the last 24 hours to $118,616, after a rebound from $117,459 stalled near $119,284.
3. Dormant Bitcoin addresses were activated, including one with 343 BTC after more than 12 years and another with 330 BTC after 12.4 years.
4. Galaxy Digital transferred 3,782 BTC (approximately $447 million) to exchanges, raising sell-off speculation, following a recent sale of 80,000 BTC to a Satoshi-era investor.
Description
Strategy cofounder Michael Saylor issues bold message as market faces cooldown
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