Michael Saylor says Strategy has no plans to sell its bitcoin, even in a prolonged downturn, as BTC trades near $65,900 to $66,150.
Michael Saylor has once again made clear that Strategy’s bitcoin playbook is unchanged: accumulate and hold.
Speaking on CNBC’s Squawk Box, the company’s chairman rejected speculation that Strategy could be forced to liquidate bitcoin if prices remain under pressure. “We’re not going to be selling; we’re going to be buying bitcoin,” Saylor said, adding that he expects the firm to purchase BTC every quarter forever.
His remarks come as bitcoin hovers around $65,900 to $66,150 following renewed market volatility. Strategy’s shares, which often trade as a leveraged proxy for BTC, were near $133 in pre-market trading at the time of writing.
Addressing concerns about leverage, Saylor described fears of forced selling as misplaced. According to Saylor, the firm maintains enough liquidity to meet dividend and debt obligations for approximately two and a half years without needing to sell bitcoin.
When pressed on how Strategy would respond to a multi-year slump, Saylor said refinancing debt would be preferable to selling BTC. He suggested lenders would remain willing to extend credit, given bitcoin’s enduring value proposition despite volatility.
Strategy recently acquired 1,142 BTC for roughly $90 million between February 2 and 8. This lifted its total holdings to approximately 714,644 BTC, cementing its position as one of the largest public bitcoin holders.
Saylor characterized bitcoin as volatile digital capital, but emphasized how bitcoin has historically outperformed other major asset classes over a longer timeframe. He declined to provide a 12-month price forecast but said he expects bitcoin to outperform the S&P 500 over the next couple of years.
No, Saylor says the company plans to keep buying.
Strategy currently owns about 714,644 BTC.
Saylor says liquidity covers obligations for 2.5 years.
He expects BTC to outperform the S&P 500.
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Data: 220 BTC transferred from an anonymous address, routed through intermediaries, and sent to another anonymous address