Strategy Will Buy Bitcoin 'Forever', Says Michael Saylor—Even With $5 Billion Paper Loss
Strategy chairman Michael Saylor says the firm will continue buying Bitcoin indefinitely, despite current paper losses exceeding $5 billion on its BTC holdings. The company recently bought another $90 million in BTC during an 8% price drop, increasing its total stash to 714,644 BTC (about $49 billion at current prices). Although the holdings are now worth $5.1 billion less than what was paid, Saylor remains committed to ongoing purchases, stating the company has no plans to sell and maintains sufficient cash reserves. The firm currently possesses enough funds to cover 2.5 years of debt and dividend payments, bolstered by a $1.44 billion reserve and additional stock issuances. While some market observers estimate a 28% chance the firm will sell Bitcoin before the end of 2026, Saylor asserts that even a dramatic price decrease would not necessitate selling, as the company would seek to refinance its debt. MicroStrategy shares have declined about 2.7% on the day and almost 66% over the past six months.
