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Michael Saylor: Bitcoin volatility has dropped to around 50%, and long-term performance may exceed the S&P 500 index by 1.5 times.
On November 19, according to Cointelegraph, Michael Saylor, founder of Strategy, dismissed concerns about the potential impact of Wall Street entering the Bitcoin market on prices and volatility. In an interview on Tuesday, Michael Saylor stated, “I think Bitcoin volatility has dropped significantly.” He noted that when he began purchasing Bitcoin for Strategy in 2020, its annualized volatility was around 80%. Since then, Bitcoin's volatility has been on a downward trend, currently about 50%. He stated that Bitcoin's volatility could further drop by about 5 percentage points every few years, and as the asset matures, Bitcoin's volatility will approach 1.5 times that of the S&P 500 index, while “its performance will also exceed that of the S&P 500 by 1.5 times.”