Odaily Odaily that Michael Saylor stated in an interview on Tuesday, "I think Bitcoin volatility has decreased significantly." He added that when he started buying Bitcoin for Strategy in 2020, its annualized volatility was around 80%. Since then, Bitcoin volatility has been trending downwards and is currently around 50%.
He stated that Bitcoin's volatility could decrease by approximately 5 percentage points every few years, and as the asset matures, Bitcoin's volatility will approach 1.5 times that of the S&P 500, while "its performance will also be 1.5 times better than the S&P 500." Furthermore, Michael Saylor expressed no concern about a significant drop in Bitcoin's price, stating that the company's design can withstand 80% to 90% drawdowns and still function normally. (Cointelegraph)
