Michael Saylor: Bitcoin Volatility Has Dropped to Around 50%, Long-Term Performance May Outpace the S&P 500 by 1.5x

On November 19th, as per Cointelegraph, Michael Saylor, the founder of Strategy, is not worried about the potential impact of Wall Street's entry into the Bitcoin market on price and volatility. During an interview on Tuesday, Michael Saylor stated, "I believe that Bitcoin's volatility has significantly decreased." He pointed out that when he began purchasing Bitcoin for Strategy in 2020, the annualized volatility was approximately 80%. Since then, Bitcoin's volatility has been on a downward trend and is currently around 50%. He mentioned that Bitcoin's volatility may further decline by about 5 percentage points every few years. As the asset matures, Bitcoin's volatility will approach 1.5 times that of the S&P 500 index, while also "outperforming the S&P 500 by 1.5 times."