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Michael Saylor chart shows his stock outpacing Bitcoin volatility

Original: Michael Saylor Proves Bitcoin Is Tame With a Chart Where His Own Stock Hits 94%

Michael Saylor, executive chairman of MicroStrategy, shared a chart comparing the volatility of Bitcoin with that of his own company's stock. The chart showed MicroStrategy stock hitting a 94% measure, a figure higher than Bitcoin's, which Saylor argued proves the cryptocurrency is comparatively tame. Observers noted the irony that his company, the largest corporate Bitcoin holder, is now more volatile than the asset it holds.

Why now: The irony of the biggest Bitcoin corporate holder's stock being more volatile than Bitcoin itself is drawing attention.

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Evidence

• Michael Saylor Proves Bitcoin Is Tame With a Chart Where His Own Stock Hits 94% · Yahoo Finance

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