The ghost of the iPhone: Why Michael Saylor thinks bitcoin is mirroring Apple’s legendary ‘valley of despair’

Michael Saylor compared bitcoin’s 45% drawdown to Apple’s 2013 slump, arguing that enduring deep corrections is part of every successful technology investment. What to know : Michael Saylor compared bitcoin’s 45% drawdown to Apple’s 2013 slump, arguing that enduring deep corrections is part of every successful technology investment. Saylor said structural shifts in derivatives markets and limited bank credit are reshaping this cycle and compressing volatility. Saylor dismissed quantum computing and renewed Epstein related scrutiny of developers as recurring fear narratives