--- title: "Weekend Round-Up: Bitcoin's Potential Rebound, Saylor's Rescue Plan For STRC and Dalio's Bitcoin Investment" type: "News" locale: "en" url: "https://longbridge.com/en/news/294610618.md" description: "Bitcoin shows signs of resilience and potential rebound as it separates from equities, with analysts noting oversold conditions. Michael Saylor proposed spending up to $4 billion to support STRC, while Ray Dalio revealed a 1% Bitcoin allocation in his portfolio, viewing it as hard money against currency depreciation. Despite some expectations of weakness, BTC and ETH demonstrated stability and resilience amid broader market corrections." datetime: "2026-08-02T13:31:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294610618.md) - [en](https://longbridge.com/en/news/294610618.md) - [zh-HK](https://longbridge.com/zh-HK/news/294610618.md) generator: "portal-rs" --- # Weekend Round-Up: Bitcoin's Potential Rebound, Saylor's Rescue Plan For STRC and Dalio's Bitcoin Investment This week was a rollercoaster ride in the world of finance and cryptocurrency. **Bitcoin’s** potential rebound, **Michael Saylor’s** rescue plan for STRC and **Ray Dalio’s** Bitcoin investment were among the top stories. Let’s dive into the details. ## **Bitcoin’s Potential Rebound** Bitcoin is showing early signs of separating from equities, according to Ophelia Snyder, co-founder of 21Shares. In an interview with Scott Melker, Snyder suggested that Bitcoin’s muted reaction to a hawkish Federal Reserve meeting could indicate that it has absorbed much of the selling pressure from nervous investors. “It feels like Bitcoin’s oversold to some extent,” Snyder noted. “The people who want out have gotten out at this pricing.” Read the full article here. ## **Saylor’s Rescue Plan for STRC** Michael Saylor, the man behind STRC, has suggested that as much as $4 billion should be spent if necessary to make the product work. “If it took an extra $4 billion, spend $4 billion,” Saylor said during Strategy’s second-quarter earnings call. Saylor designed STRC with help from ChatGPT, only for the preferred stock to fall sharply below its $100 peg in June. Read the full article here. **Read Also: Stock Market Today: Dow, Nasdaq Futures Fall As Trump Rejects 'Totally Unacceptable' Iran Peace Proposal—Micron, Moderna In Focus** ## **Ray Dalio’s Bitcoin Investment** Billionaire investor Ray Dalio revealed that he holds roughly 1% of his portfolio in Bitcoin, viewing it as a form of money that cannot be printed. However, he continues to prefer gold as a long-term store of value. Dalio described Bitcoin as one of several forms of “hard money” that investors can use to protect themselves against the depreciation of government-issued currencies. Read the full article here. ## **Bitcoin’s Potential Pullback** Bitcoin could be approaching another period of weakness after posting a double-digit gain in July, according to crypto analyst Benjamin Cowen. Cowen noted that Bitcoin gained around 10% in July, consistent with prior midterm election years, when the cryptocurrency staged relief rallies after sharp declines in June. Read the full article here. ## **Resilience of Bitcoin and Ethereum** Despite expecting broader weakness across financial markets, Doctor Profit reflected on his July 18 positioning and said many questioned why he was buying crypto. He answered that the correction has been concentrated in AI and technology stocks rather than digital assets. “BTC has remained stable within its range and ETH has shown remarkable resilience,” he wrote. Read the full article here. ***Disclaimer:** This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.* *Image via Shutterstock* **Read Also: Tom Lee: AI 'Might Decide to Close Humans Entirely'—And Crypto Could Be the Safeguard** ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [STRC.US](https://longbridge.com/en/quote/STRC.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) ## Related News & Research - [Amboss Opens Affiliate Program: Earn Recurring Bitcoin Commissions by Growing Bitcoin Payments](https://longbridge.com/en/news/296124824.md) - [Bitcoin Standard Treasury Company (BSTR) Terminates Business Combination, Team Continues Pursuing Active Bitcoin Treasury Management | CEPO Stock News](https://longbridge.com/en/news/296540800.md) - [Fundstrat Sees 30% Swing In Bitcoin’s Price](https://longbridge.com/en/news/296239209.md) - [Bitcoin lands on the same custody rails Citi uses for equities and bonds](https://longbridge.com/en/news/296272222.md) - [LQWD Technologies CEO to Speak at Bitcoin Asia 2026 in Hong Kong | LQWDF Stock News](https://longbridge.com/en/news/296496835.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**