Michael Saylor: The market's concerns about Strategy being forced to sell Bitcoin are unfounded

Strategy (MSTR) Executive Chairman Michael Saylor stated in an interview with CNBC that concerns in the market about the company being forced to sell BTC due to the decline in Bitcoin prices are unfounded, and he reiterated that the company will continue to implement its long-term strategy of accumulating Bitcoin.

Saylor mentioned that Strategy's current net leverage level is below that of typical investment-grade companies, and there is no credit risk on the balance sheet. The company not only has no plans to sell but also expects to continue buying Bitcoin every quarter. Last week, Strategy purchased 1,142 BTC for approximately $90 million, bringing its total holdings to 714,644 BTC, with an average cost of about $76,056.

He pointed out that Bitcoin's high volatility is both a risk and a characteristic, and he believes that as a digital asset, it is still expected to outperform traditional assets in the next 4 to 8 years. Previously, Strategy reported an operating loss of $17.4 billion and a net loss of $12.6 billion for the fourth quarter, primarily due to the accounting valuation adjustments resulting from the decline in Bitcoin prices.