Comments from CEO Phong Le suggesting Bitcoin sales could only occur under a specific risk scenario have shifted market attention back to Strategy’s long-standing accumulation approach.
Recent statements from Strategy’s leadership have stirred uncertainty in the crypto community. CEO Phong Le said the firm would only consider selling Bitcoin if its mNAV fell below 1 and the company lost the ability to raise capital. While this indicates the accumulation strategy remains intact, it also confirms that a technical sale cannot be completely ruled out.
The company currently faces no immediate liquidity pressure thanks to its long term debt structure and flexible capital instruments. Le reiterated that there is no active plan to sell, but noted that limited technical sales might be required under severe funding constraints. This framework is what allows the firm to continue growing its BTC position across various market cycles.
Adding to the intrigue, Executive Chairman Michael Saylor replaced his usual Sunday orange dot post with a “green dot”, prompting speculation about potential balance sheet changes or equity actions. While MSTR shares have struggled for most of the year, analysts say a well managed debt profile could pave the way for a strong recovery in both BTC exposure and share performance.
