Michael Saylor, head of Strategy, has dismissed claims that the company sold 47,000 BTC following a price decline from $100,000 to $94,000. Saylor affirmed that Strategy is actually increasing its Bitcoin holdings and noted that price volatility is a typical aspect of Bitcoin investment.
In other news, DeepSnitch AI's presale has successfully raised over $531,000 in its second stage, despite a challenging market environment. The AI analytics project is being marketed as a potential high-return investment, offering early backers access to two of its five AI agents. Additionally, Bitcoin Hyper, a Layer-2 solution on the Solana Virtual Machine, is gaining attention for its potential to enhance Bitcoin transaction scalability and is projected to reach $0.10 after its launch.
Michael Saylor Refutes Bitcoin Sale Rumors; DeepSnitch AI Presale Exceeds $531K
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