Strategy’s executive chairman, Michael Saylor, and CEO, Phong Le, assured that its Bitcoin accumulation strategy remains intact despite rising unrealized losses. During the earnings call after reporting $12.4 billion in Q4 losses, management indicated that liquidation risk would only emerge if Bitcoin fell to $8,000.
Strategy to Buy More Bitcoin: Michael Saylor and CEO Phong Le
Strategy (formerly MicroStrategy) currently owns 713,502 BTC, worth $45.5 billion at a Bitcoin price near $65,000, representing an unrealized loss of almost $8.5 billion. During the earnings call, Michael Saylor and CEO Phong Le claim the company will continue buying more Bitcoin despite steep unrealized losses.
They emphasized the company’s strong capital structure and resilience today. MicroStrategy Phong Le stated that no liquidations of holdings would occur unless Bitcoin price plummeted to $8,000.
“Bitcoin needs to go down to $8,000 a coin and sit there for five years up until 2032, before we really have a problem. Being able to satisfy the convertible notes.”
They also addressed concerns related to Bitcoin holdings, debt coverage, and future strategy to equity analysts and industry leaders. These include Lance Vitanza, analyst at TD Cowen, Mark Palmer, analyst at Benchmark, Fundstrat and BitMine’s Tom Lee, and Lyn Alden from Lynn Alden Investment Strategy.
Strategy plans to keep issuing preferred stock to buy more Bitcoin in 2026, CEO Phong Le indicated. The company plans to issue more STRC preferred shares, which carry an 11.25% annual dividend, paid out in monthly installments. Recently, Michael Saylor urged buying Bitcoin and holding despite the recent BTC price crash.
Saylor Announces Bitcoin Security Program for Quantum Threats
Michael Saylor announced the launch of the Bitcoin Security Program. This initiative aims to collaborate with the global cybersecurity community, crypto security experts, and Bitcoin security community to address quantum computing threats and other potential threats.
Saylor earlier described quantum computing as a concern that remains over 10 years away. He added that it’s part of a recurring FUD that Bitcoin has witnessed since its inception. Saylor added that it will help the global effort to develop quantum-resistant upgrades for Bitcoin.
Despite significant paper losses, Michael Saylor said they will keep buying Bitcoin every single quarter and never sell, as crypto-friendly President Donald Trump has pro-Bitcoin leaders at the SEC, Treasury Dept., and his administration.
He recently indicated that the latest drawdown is temporary until Bitcoin starts to rise again. The company has a $2.25 USD reserve to cover all debt and dividend obligations.
However, MSTR stock crashed more than 17% on Thursday as Bitcoin price crashed below $65K. Furthermore, the company reported a massive $12.4 billion net loss, driven by an unrealized $17.4 billion loss.
BTC price is currently trading at $64,661, down almost 10% over the past 24 hours. The 24-hour low and high are $60,074.20 and $71,802, respectively. Trading volume also increased 75% over the last 24 hours amid massive profit booking.
