In brief – Michael Saylor pointed to the unprecedented AI buildout as a reason for Bitcoin’s recent decline. – The Strategy chairman highlighted more than $4 billion in ETF outflows as proof of capital rotation. – Bitcoin has fallen alongside MSTR shares, dipping 22% and 30%…
spectively over the last month. Strategy co-founder and chairman Michael Saylor said the flight of capital into artificial intelligence is responsible for the volatility dragging down Bitcoin—even as some point the finger at his company’s own recent BTC sale
The top crypto asset has dropped 3.7% in the last 24 hours, recently changing hands at $63,429. Over the last week, Bitcoin has fallen more than 13%, dipping as low as $61,559 late Wednesday—down more than half from its all-time high set in October 2025. “Capital markets are funding the AI buildout at historic scale,” Saylor posted on X. “This is a capital rotation, not a Bitcoin impairment. Volatility creates opportunity.” The outspoken Bitcoin bull highlighted significant BTC ETF outflows since May 14—more than $4.3 billion worth, according to data from Farside—as evidence of the rotation that is dragging down his firm’s principal treasury asset.
Why do you still have kidneys? pic. — 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 (@AnalystInvestor) June 4, 2026 The ETFs, typically seen as an indicator of investor demand in Bitcoin, have not had a day of positive inflows since May 13, when they brought in around $131 million. As a result of the growing outflows, the exchange-traded products have now registered negative flows on the year, a sign that investors may be seeking better returns elsewhere. It’s not just the ETFs dragging down Bitcoin, though.