Michael Saylor Advises Bitcoin Investors to "Ignore the Bears" as BTC Prices Drop

The rise of Bitcoin has cooled off, Strategy stocks are under pressure, and investors are increasingly worried. But Michael Saylor, one of the strongest advocates of Bitcoin, is not backing down. Don't Pay Attention to the Bear! Saylor has a message for investors: "Ignore the Bears"

He posted this phrase on X along with an AI image of himself, dressed as a hunter, walking through the forest with a bear following behind. The letter "B" in his message is stylized with four vertical lines - a clear reference to Bitcoin. Others share his energy with tweets like "Bitcoin to the moon"! Bitcoin Drops From Recent Peak Bitcoin has dropped over 5% in the past week, sliding from an all-time high of nearly 124,000 dollars to around 113,894 dollars. This sharp decline is driven by profit-taking and strong liquidations across exchanges. While Bitcoin cools down, Ethereum is moving in the opposite direction. ETH hit $4,200 this week and attracted over $1 billion in ETF capital, a new milestone. Some analysts now believe that Ethereum could even outperform Bitcoin in this cycle. The Strategy Stocks Are Under Pressure The company Strategy (, formerly MicroStrategy), led by Saylor, is facing its own challenges. The stock dropped 7.43% on Tuesday to $336.57, the lowest level since April, and has now declined 21% in a month. This decline comes after a policy change that has made investors concerned. The previous strategy had committed not to issue new shares valued below 2.5 times the net asset value. This week, the company reversed that position, stating that it could issue shares below that threshold "to pay interest on debt obligations, fund preferred dividends, and when deemed beneficial for the company." This move has faced sharp criticism. One user wrote: "Promising investors something and then changing it right after is, in my opinion, not a good sign." Many people believe that Strategy's latest post is a direct response to such criticisms. Still Buy When Prices Drop Despite the strong backlash, Saylor remains steadfast in his strategy. On Monday, Strategy revealed they had purchased an additional 430 BTC worth $51.4 million. The company now holds 629,376 BTC, valued at over $71 billion. For Saylor, the strategy remains unchanged: continue to buy Bitcoin, regardless of how the price fluctuates. The price surge of Bitcoin has encountered fluctuations, Strategy's stock is being criticized, and investors are divided. But Saylor's stance remains as always: stay optimistic, hold on, and ignore the rumors. Do you follow his advice?