Michael Saylor Defies Bitcoin Losses, Vows Strategy Will Keep Buying

Michael Saylor says Strategy will not sell Bitcoin despite losses and will continue buying BTC every quarter.

Michael Saylor has restated Strategy’s long-term commitment to Bitcoin despite ongoing market volatility and large unrealized losses.

He said the company will not sell its Bitcoin holdings and will continue buying on a quarterly basis, even as prices remain below its average entry level.

Strategy Dismisses Forced Liquidation Claims

Michael Saylor said speculation about Strategy being forced to sell Bitcoin is incorrect. He explained that the company does not manage Bitcoin as a short-term position.

Instead, Strategy treats it as a long-term treasury asset.

During a CNBC interview, Saylor said Bitcoin would need to fall by about 90% and stay depressed for several years.

He stated that only such a scenario would create refinancing pressure. Even then, he said Strategy could still meet its obligations.

He also referenced comments from Strategy CEO Phong Le. Le previously said Bitcoin would need to fall to $8,000 and remain there through 2032.

Saylor said this supports the view that liquidation fears are overstated.

Strategy Maintains Strong Financial Position

Saylor said Strategy has sufficient liquidity to manage market downturns. He stated the company holds about two and a half years of cash reserves.

These funds cover dividend payments and debt servicing needs.

He also addressed concerns around leverage. Saylor said Strategy’s net leverage ratio is lower than many investment-grade companies. He described the firm’s credit exposure as limited under current conditions.

According to Saylor, Strategy also holds Bitcoin equivalent to decades of dividends. He said this reserve acts as a financial buffer.

As a result, he rejected claims of near-term financial instability.

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Quarterly Bitcoin Purchases Remain Unchanged

Michael Saylor confirmed that Strategy’s Bitcoin acquisition plan remains active.

He said the company has raised billions in capital to support continued accumulation. “We’re not going to be selling. We are going to be buying bitcoin,” Saylor said.

Strategy recently disclosed a Bitcoin purchase of 1,142 BTC. The acquisition took place between February 2 and February 8.

Saylor said the company plans to continue buying Bitcoin every quarter. He also commented on recent price volatility.

Saylor said volatility is a normal part ofBitcoin’s market behavior. He added that Strategy’s approach will remain consistent despite short-term price movements.