Michael Saylor silent on X for two days amid BTC price drop

Michael Saylor, founder of MicroStrategy (MSTR), the largest corporate holder of Bitcoin, has been silent on X for two days as the cryptocurrency's price has fallen sharply below $60,000. Saylor is well-known in the crypto community for posting pro-Bitcoin content on his X account daily. His last post was on the afternoon of June 24, in which he described "digital credit"—an apparent reference to his company's perpetual preferred stock (STRC)—as a source of income for investors who believe in Bitcoin. His unusual silence has led to comments from the community, with some suggesting the downturn has managed to silence even him.