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Bitcoin drops 14% in a week as capital shifts to AI, says Michael Saylor

Market News
04 Jun 2026
Coindesk
View Source
Bearish
pluang ai news

Bitcoin has fallen about 14% over the past week and nearly 23% over four weeks. Michael Saylor, chairman of Strategy and the largest corporate bitcoin holder, attributes the decline to capital rotation into artificial intelligence infrastructure, with around $400 billion invested in AI over six months. Despite selling 32 BTC recently, Saylor sees the volatility as a temporary opportunity rather than a sign of crypto failure. However, some analysts believe the selloff and ETF outflows indicate deeper issues for bitcoin amid strong performance in other asset classes.

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