Billionaire entrepreneur says bitcoin price crash is a gift, here’s why

According to a report by Bijie Network: In late January 2026, the price of bitcoin plummeted from around $83,000 to $77,000, triggering over $2.4 billion in liquidations, most of which came from long positions. Digital Currency Group founder Barry Silbert described this sharp correction as a "godsend," believing it cleared out excessive leverage and speculative positions, ultimately strengthening the market structure by eliminating weak hands. This correction temporarily pushed the price of bitcoin below the average cost basis of major holders such as MicroStrategy. MicroStrategy founder Michael Saylor emphasized the long-term investment philosophy, further reinforcing the view that such volatility is a structural feature of bitcoin's maturation process rather than a sign of systemic failure.