Despite the drop, MicroStrategy Chairman Michael Saylor remains unfazed. He has long been a vocal Bitcoin advocate and even joked about selling a kidney. In December, he dismissed fears about MicroStrategy’s Bitcoin-backed leverage,

Saylor's controversial Bitcoin advice sparks backlash after suggesting selling kidneys instead of Bitcoin as price dips below $80,000.

Michael Saylor’s Strategy, formerly known as MicroStrategy, is facing one of its biggest tests yet has tumbled by more than 55% since the year started in the

Strategy founder Michael Saylor said at the annual CPAC conference that the U.S. should seek to stockpile 20% of the Bitcoin supply.