Michael Saylor, prominent Bitcoin advocate and co-founder of MicroStrategy, recently shared valuable advice on X (formerly Twitter) amidst Bitcoin's price volatility. As BTC dropped below the $67,000 mark, Saylor emphasized the importance of adopting a mindset aligned with Bitcoin's unique characteristics in today's turbulent market.

Saylor's counsel encourages both seasoned Bitcoin holders and newcomers to "learn to think in Bitcoin," highlighting the necessity of understanding Bitcoin's long-term value proposition amid short-term market fluctuations. MicroStrategy, under Saylor's leadership, has adopted a steadfast Bitcoin accumulation strategy since August 2020, bolstered by institutional support and the introduction of spot ETFs.

Last week witnessed a resurgence in inflows into BTC-based ETFs after a 19-day consecutive outflow period, with a notable $101 million influx on Wednesday alone. MicroStrategy itself announced plans to raise funds through a convertible senior notes offering maturing in 2032, initially targeting $500 million but subsequently increasing to $700 million. The proceeds will primarily fund further Bitcoin acquisitions for the company's balance sheet and operational expenses.

The convertible senior notes issued by MicroStrategy carry a 2.25% annual interest rate, with payouts scheduled semi-annually starting December 15 this year. The company retains the option to redeem these notes for cash after June 20, 2029, subject to specific conditions and stock price thresholds.

In recent trading sessions, Bitcoin experienced fluctuating performance, briefly reclaiming the $66,900 zone amidst broader market volatility. As of the latest update, BTC is trading at approximately $66,120, reflecting ongoing market adjustments.

Saylor's advocacy for a Bitcoin-centric mindset and MicroStrategy's continued strategic Bitcoin acquisitions underscore their long-term confidence in the digital asset's role as a store of value and hedge against inflation in a dynamically evolving financial landscape.