Michael Saylor, Bitcoin evangelist and founder of the BTC-powered company Strategy, has published a bullish BTC statement

Michael Saylor, Bitcoin evangelist and founder of the BTC-powered company Strategy, has published a bullish BTC statement amid the astonishing bloodbath faced by the cryptocurrency market.

The cryptocurrency market has been facing a huge bloodbath recently, with Bitcoin (BTC) dropping by nearly 10% over the weekend. However, Michael Saylor, Bitcoin evangelist and founder of the BTC-powered company Strategy, remains bullish on the cryptocurrency.

"One Bitcoin will always equal one Bitcoin," Saylor stated in a tweet on Friday.

1 BTC = 1 BTC

— Michael Saylor⚡️ (@saylor) April 7, 2025

This statement comes amid an astonishing cryptocurrency market bloodbath that saw Bitcoin drop by almost 10% over the weekend. The drop came after U.S. President Donald Trump implemented trade tariffs on April 5.

Bitcoin Drops Below $74,700 as Trump Hits Trade Tariffs, Cancelling Hopes For Small Recovery

After a weekend of Bitcoin price stability above the $82,650 level and major stock indexes like Nasdaq 100 continuing their downward performance, many Bitcoin influencers on social media noted that BTC had decoupled from stocks.

However, over the weekend, Bitcoin suffered a painful blow, falling by almost 10% and losing the $82,650 level to land at $74,700 by Monday morning. By now, Bitcoin has logged a small rebound, recovering to $76,640 per coin.

Meanwhile, Strategy continues to accumulate the world’s largest cryptocurrency in terms of market capitalization value. Recently, Saylor’s company acquired 22,048 BTC worth almost $2 billion. Now, Strategy holds a total of 528,185 BTC.

At the moment, this mammoth half a million Bitcoins is equal to $40,678,141,365 in fiat, which is more than $3 billion less than it was roughly a week ago.