Michael Saylor Says Strategy Will Continue Buying Bitcoin Each Quarter

Michael Saylor has reaffirmed that Strategy will continue purchasing Bitcoin every quarter, even as the cryptocurrency faces renewed volatility.

Speaking in a recent television interview, the company’s founder said short-term price fluctuations will not influence its long-term approach. His remarks underscore the firm’s unwavering commitment to Bitcoin as a core treasury asset.

Key Points

• Strategy will continue buying Bitcoin every quarter, regardless of market volatility.
• Michael Saylor says short-term Bitcoin volatility will not alter the company’s strategy.
• Bitcoin is treated as a permanent treasury asset; Strategy has no plans to sell holdings.
• Strategy holds 714,644 bitcoins, valued at around $49 billion, with some financing coming from debt.
• The company can maintain Bitcoin purchases despite market downturns due to strong liquidity and lender support.

Quarterly Buying Plan Remains Unchanged

Expanding on this position, Saylor said Strategy’s Bitcoin strategy is designed to be permanent, thereby dismissing suggestions that the company might pause or scale back purchases during market downturns. Instead, he emphasized that accumulation will continue on a regular, quarterly basis regardless of broader market sentiment.

At the same time, Saylor rejected speculation that Strategy could sell its existing holdings. He explained that Bitcoin is treated as a long-term reserve asset, not a vehicle for short-term gains. In fact, this philosophy underpins the company’s decision to buy Bitcoin consistently over time.

Handling Risk and Debt Concerns

Moreover, Saylor addressed concerns about Strategy’s financial risk if Bitcoin prices were to decline further. He said the company is prepared to fulfill its obligations through refinancing if necessary. Even in the event of a severe and prolonged downturn, Strategy would roll its debt forward rather than reduce its Bitcoin exposure.

Building on that point, he expressed confidence that the company would continue to have access to credit, arguing that lenders understand Bitcoin’s volatility and do not view price swings as a threat to its long-term value. Consequently, he said banks would remain willing to work with Strategy.

Strategy’s Bitcoin Holdings

This long-term stance is reflected in the scale of Strategy’s Bitcoin position. According to data published on the company’s website, Strategy holds 714,644 bitcoins. At the time of publication, those holdings were valued at approximately $49 billion, making Strategy the largest known corporate holder of the digital asset.

Much of this accumulation has been financed through debt. Strategy reportedly carries more than $8 billion in total debt, including convertible notes issued specifically to fund Bitcoin purchases.

Market Conditions Add Pressure

Saylor’s comments come as Bitcoin trades well below recent highs. The cryptocurrency was last priced near $68,970, down about 9% over the past five days. Earlier in the week, Bitcoin briefly fell to around $60,062, its lowest level in roughly 16 months.

At that point, Bitcoin had lost more than half its value from its record high of $126,080.  The pullback has coincided with a broader reassessment by investors of Bitcoin’s utility, adding pressure across the crypto market.

Stock Performance and Liquidity

The weakness in Bitcoin has also weighed on Strategy’s shares. The stock slipped about 2% on Tuesday as Bitcoin dropped below $70,000 again. Over the past three months, Strategy’s shares have declined by more than 40%.

Despite these market pressures, Saylor highlighted the company’s liquidity position. He said Strategy holds sufficient cash to cover dividend payments for roughly two and a half years, a buffer he argued supports the company’s ability to maintain its quarterly Bitcoin purchases without disruption.