Despite a recent downturn in cryptocurrency prices, Michael Saylor, founder of Strategy, has voiced his continued belief in the future of Bitcoin. In a tweet, he expressed that there are no tariffs on Bitcoin. This bold statement highlights his unwavering confidence in the asset’s long-term potential as a decentralized and global currency unaffected by traditional market fluctuations. 2025 saw the launch of Saylor’s Strategy firm, which recently announced plans to sell up to $2.1 billion worth of perpetual strife preferred stock. This sale came alongside Bitcoin hitting an all-time high of over $111,000 earlier in the week driven by institutional investment and regulatory clarity within the cryptocurrency sector. The surge in Bitcoin’s price led to its market capitalization surpassing $2 trillion for the first time. However, recent days have seen a significant pullback as investors profit-take after previous gains. This drop resulted from broader macroeconomic uncertainty which affected risk assets globally. As of Friday, Bitcoin is hovering near $109,000 following an initial high of over $112,000 on Coinbase. The sell-off has pushed Bitcoin down around 2.4% in the last 24 hours to approximately $108,501 as other cryptocurrencies also follow suit. This market dip is accompanied by a substantial cryptocurrency liquidation totaling $540 million according to CoinGlass data.