Michael Saylor Reacts to Bitcoin Dip With Famous Nike Founder Quote

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.