‘We’re Not Selling’: Strategy’s (MSTR) Michael Saylor Doubles Down on Bitcoin Buys

Michael Saylor, Chairman of Strategy (MSTR), defended the company's aggressive Bitcoin acquisition strategy on CNBC's *Squawk Box*, emphatically stating, "We’re not going to be selling; we’re going to be buying bitcoin," and expecting to continue this quarterly "forever."

Saylor dismissed fears that Strategy might be forced to liquidate its holdings during a prolonged downturn, arguing the company's balance sheet is structured conservatively with significant liquidity. He noted Strategy holds enough cash to cover debt and dividend obligations for about two and a half years. If prices dropped sharply, he suggested refinancing debt rather than selling Bitcoin, as lenders would still finance against the asset's underlying value.

He characterized Bitcoin's volatility as inherent to "digital capital" and advised viewing the asset over multi-year horizons, specifically four-year cycles, rather than short-term swings. Saylor also mentioned that Strategy's stock is designed to amplify Bitcoin's moves, creating demand for new "digital credit" instruments based on its holdings.

(Source：Bitcoin Magazine)