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Crypto•1 July 2026•

1 min read

Saylor: AI 'Black Hole' Diverts Capital Away from Bitcoin

Key Facts

1Michael Saylor said an 'AI-driven black hole' is diverting capital away from Bitcoin, noting that Strategy bought 175,000 Bitcoin and sold only 32 this year.

Amid rising investment in artificial intelligence at the expense of digital assets, Michael Saylor, chairman of Strategy, said an 'AI-driven black hole' is diverting capital away from Bitcoin. According to a Benzinga report, Saylor noted that his firm bought 175,000 Bitcoin this year and sold only 32, defending the company's strategy against critics.

The comments come as markets increasingly focus on AI, raising questions about Bitcoin's ability to attract capital. Market data shows Strategy's stock (MSTR) closed at $86.93 on June 30, 2026, with a daily range of $83.42–$88.26. Saylor maintained that Bitcoin remains a strategic long-term choice.

Technically, MSTR shares may find support at $83.42 (recent low) and resistance at $88.26 (recent high). Bitcoin price action will remain the key focus for investors, especially with no major crypto-specific catalysts in the near-term economic calendar.