Saylor Blasts Bitcoin Doom Narrative, Says $400B AI Frenzy Drained Crypto Capital

04-Jun-2026 Bitcoin.com
Bitcoin fell to a low of $61,310 on June 4 as traders debated whether Strategy’s first net bitcoin sale since 2022 or billions in exchange-traded fund (ETF) outflows played the larger role in the market’s decline. Strategy Boss Blames $400B AI Spending Wave At 10 a.m. EDT, bitcoin was trading between $63,500 and $64,500. The […]
Also read: Michael Saylor Calls Bitcoin’s Drop a ‘Capital Rotation’ to AI as BTC Slides Below $62,000
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