## Saylor Survey Reveals Resilient Stance: More Than 3 in 4 HODLers Keep Bitcoin During Volatility

A survey released by Michael Saylor on November 22nd provided revealing data about Bitcoin investors' psychology. With an impressive 133,156 participants, the results show that 77.8% of respondents chose to reaffirm their position during a period of sharp asset devaluation.

The timing of the survey coincided with significant market movements — Bitcoin was under pressure at critical support levels at that moment, before regaining ground and reaching levels close to $87,350. This "hold" behavior during the dip highlights the enduring conviction many holders have in Bitcoin, regardless of short-term fluctuations.

Saylor, who leads Strategy (MSTR), used the survey to illustrate the robustness of bullish sentiment in the market. However, MSTR faces a simultaneous challenge on the corporate front: the potential removal from MSCI indices poses a real risk. Why? Its digital assets have surpassed 50% of the company's total assets, violating traditional index composition criteria. An exclusion of this nature could lead to significant outflows of capital from passive investment funds, creating additional pressure on the market.

Thus, while retail sentiment remains solid in Bitcoin, institutional dynamics reveal complexities that go beyond simple price movements.