(No Panic Here) Strategy CEO: "We Won't Sell Bitcoin Unless It Drops to $8,000"

Here’s a story about extreme conviction in the middle of a crash.

The company Strategy, formerly known as MicroStrategy, just reported a huge loss on paper for the last quarter of 2025.

We’re talking about a $17.4 billion loss.

That number would make almost any company panic. But not Strategy.

In a recent interview, CEO Phong Le was asked about it. His response was calm and direct.

He said that massive loss is just an accounting rule, not a real cash loss for the company.

Then he made a stunning statement.

He said they would only be forced to sell their Bitcoin if the price dropped to $8,000 and stayed there for five years.

He called a drop to $10,000 "extremely unlikely."

Let that sink in. Bitcoin is around $70,000. He’s talking about a 90% drop from here as the only real threat.

So why are they so confident?

First, they say they have a $2.5 billion cash reserve. They call it a "digital fortress" to cover all their expenses and dividend payments. They claim they are not worried about leverage or the current Bitcoin price.

Second, they responded to critics. A famous Bitcoin critic called their business model a "fraud" and a "ponzi scheme."

Michael Saylor, the founder, fired back. He said their products simply outperform every alternative.

He’s talking about their preferred stock, called Stretch, which offers an 11% yield to investors.

The critics ask: where does that yield come from if Bitcoin is down? Saylor says it comes from their overall strategy and conviction.

Here’s the final piece of data. Look at all the big public companies that hold Bitcoin on their balance sheets.

During this crash down to $60,000, not a single one of them sold.

They collectively hold over 813,000 Bitcoin. Strategy alone holds 713,500 of that.

When Bitcoin bounced 12% recently, Strategy’s stock, MSTR, jumped 26%. That’s double the movement of Bitcoin itself.

This proves Saylor’s point: MSTR is like an amplified version of Bitcoin.