Michael Saylor is now blaming AI for bitcoin’s price crash

June 9, 2026

Scott Melker discusses how Strategy (MSTR) executive chairman Michael Saylor is now blaming AI for bitcoin’s (BTC-USD) price crash. He goes on to highlight Arca and 10x Research’s respective responses to Saylor’s recent comments.

Strategy sold $2.5 million worth of bitcoin last week, going on to buy the dip and purchase $101 million in the crypto asset this week.

“The Daily Wolf with Scott Melker” airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto.

Make sure to also check out Yahoo Finance’s new crypto hub to find the latest crypto-related news.

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