Does Bitcoin need to drop to $8,000 to be shaken? The Strategy CEO expresses strong confidence
Does Bitcoin need to drop to $8,000 to be shaken? The Strategy CEO expresses strong confidence
Comments from Strategy’s top executives asserting that there would be no problems with the company’s financial structure unless Bitcoin falls to $8,000 and remains there for years directly targeted market anxiety.
According to cryptocurrency media outlet The Block on February 6 (local time), Strategy Chief Executive Officer Phong Le stated during the fourth-quarter earnings conference call that “unless the price of Bitcoin (BTC) stays around $8,000 for five to six years, no material issues will arise on the company’s balance sheet.”
Referring to an extreme downside scenario in which Bitcoin plunges by about 90% to reach $8,000, Phong Le explained that the value of the company’s Bitcoin holdings would then equal its net debt, potentially constraining the repayment of convertible bonds. However, he added that even in such a case, options such as restructuring, issuing additional equity, and raising new debt would remain available.
These remarks came shortly after Strategy reported a net loss of $12.6 billion for the fourth quarter of 2025. The company said that most of the loss stemmed from unrealized valuation losses caused by the decline in Bitcoin prices, a result of mark-to-market accounting standards. Chief Financial Officer Andrew Kang emphasized that “our long-term strategy continues to be executed consistently despite a highly volatile environment.”
Michael Saylor, Strategy’s co-founder and chairman of the board, also dismissed concerns over short-term price swings. He said, “Quarterly price movements can be rough and unsettling, but Strategy’s Bitcoin strategy is designed to withstand short-term shocks and even extreme volatility.” Regarding the recently raised threat of quantum computing, he drew a clear line by calling it “terrible FUD,” adding that it would not pose a practical threat for at least another 10 years.
The earnings announcement coincided with a broader sell-off across the cryptocurrency market. Bitcoin fell about 9% over 24 hours on an intraday basis to trade in the mid-$64,000 range, while Strategy’s stock (MSTR) plunged more than 17% in a single day and was down about 72% over the past six months. Even so, the company reaffirmed its commitment to maintaining its strategy, citing gradual improvements in the U.S. regulatory environment and long-term demand.
Disclaimer: This article is for investment reference only, and no responsibility is taken for investment losses based on its contents. The information provided should be interpreted solely for informational purposes.
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