Is Bitcoin Under $100K Cheap? Saylor Makes His Case, Skeptics Remain

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Bitcoin has lost half its value since October, sliding from record highs to trade well below the $100,000 mark investors once treated as a floor. For Strategy founder Michael Saylor, the crypto industry’s loudest permabull, this is just Tuesday. “We’ve lived through more brutal drawdowns,” Saylor said, pointing to a 75% collapse in 2021-2022 that …