Bitcoin Drops as $400B AI IPO Boom Pulls Global Capital, Says Saylor

Strategy Executive Chairman Michael Saylor said during a TradePMR livestream that nearly $400 billion in capital raising linked to AI infrastructure is being driven by major technology firms, including Google, OpenAI, and SpaceX.

He noted that as investment banks push large-scale IPOs and funding rounds, investors are reportedly reallocating funds from existing holdings, including Bitcoin, to free up liquidity for the new offerings.

Saylor added that this shift in capital flows has created what he described as a broader “vacuum effect” across financial markets and has coincided with Bitcoin’s decline from around $82,000 to the $62,000–$63,000 range over the past 15 days.

Source: TradePMR