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Michael Saylor identified a crucial price point for Bitcoin concerning Strategy., 2026/02/16 13:00:59
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The chairman of the largest corporate Bitcoin holder, Strategy, Michael Saylor, stated that the firm could withstand a decline in BTC to $8,000.
Saylor mentioned that the company aims to convert $6 billion in debt obligations into equity over the next 3-6 years. This will reduce the debt burden and maintain sufficient assets to fully cover its obligations. As a result of this conversion, bondholders will have the opportunity to exchange their bonds for company shares.
The chairman of Strategy emphasized that the management continues to view Bitcoin as a long-term investment and does not intend to sell assets to meet short-term obligations. Current market fluctuations do not affect the company’s strategic approach to accumulating cryptocurrency.
Currently, the firm holds 714,644 BTC, with reserves valued at $49 billion. The average purchase price of Bitcoin for Strategy is nearly $76,000. With the current price of the leading cryptocurrency at $68,800, the company is experiencing a loss of approximately 10% on its investments.
Shares of Strategy (MSTR) closed the previous trading week with an increase of 8.8%, reaching $133.88 after Bitcoin briefly approached $70,000. MSTR is trading 70% below its all-time high of $456, set in mid-July.
Previously, Michael Saylor discussed Strategy’s plans in the event of further declines in Bitcoin, stating that the company intends to refinance its debt rather than sell digital assets.
