Crypto Moguls “Don’t Sell Bitcoin”… Buying More Amid Market Downturn
Crypto Moguls “Don’t Sell Bitcoin”… Buying More Amid Market Downturn
Despite rising market anxiety amid Bitcoin (BTC) price declines, leading figures in the digital asset industry have delivered a strong message of confidence to investors by declaring additional purchases and long-term holding strategies instead of selling.
According to crypto media outlet CoinGape on February 11 (local time), Binance founder Changpeng Zhao (CZ), SkyBridge Capital founder Anthony Scaramucci, and Strategy (MicroStrategy) Executive Chairman Michael Saylor reaffirmed their unwavering support for Bitcoin. They characterized the recent price correction as a new entry opportunity and maintained that investors should accumulate assets rather than be swayed by market fear. In the digital asset market, their remarks are serving as a psychological bulwark against retail investor panic selling.
Saylor recently delivered a powerful message on X (formerly Twitter), outlining two principles of Bitcoin investing: “Buy Bitcoin and never sell.” As Bitcoin’s price fell below $88,000, Strategy invested approximately $75.3 million to acquire an additional 855 BTC. With this purchase, Strategy’s total holdings have reached 713,502 BTC, with a cumulative acquisition cost of about $54.26 billion. Saylor once again emphasized the importance of long-term holding, defining Bitcoin as a fundamental hedge against virtually all market risks.
Scaramucci also signaled aggressive buying intentions as Bitcoin dropped below $73,000. He advised investors to adopt an accumulation mindset rather than a speculative approach, describing the current price decline as temporary noise within a broader long-term bull market. He argued that only those who endure Bitcoin’s volatility during its transition into a global store of value within the financial system will ultimately realize meaningful returns.
In a recent interview at the Davos Forum, Zhao expressed optimism that 2026 could mark the beginning of a so-called supercycle that breaks Bitcoin’s traditional four-year halving pattern. Zhao cited empirical evidence showing that a “buy and hold” strategy has historically outperformed most trading techniques. He also analyzed that pro-crypto policies in the United States and expanding Bitcoin adoption across multiple countries are driving structural changes in the market, giving Bitcoin the long-term potential to surpass $300,000.
The successive purchase declarations by industry heavyweights are becoming milestones that help calm market uncertainty and provide investors with clearer direction. As the crypto market evolves beyond speculative frenzy into a core asset class within institutional finance, their long-term holding philosophy is expected to act as a key driver of market stability. Rather than reacting sensitively to short-term price fluctuations, investors should focus on the structural growth driven by real-world asset tokenization and institutional capital inflows and make prudent investment decisions.
*Disclaimer: This article is for investment reference only and the publisher is not responsible for any investment losses incurred based on this content. The information should be interpreted solely for informational purposes.*
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