Michael Saylor, executive chairman of MicroStrategy, said the company will continue buying Bitcoin despite a recent market price drop.
The stance is critical as MicroStrategy has tied its corporate valuation and treasury to the volatile cryptocurrency, making it a bellwether for institutional Bitcoin adoption.
During a livestream on Channel i News, Saylor addressed the market dip, which saw the Bitcoin price slump to $78,000 [1]. He attributed the decline to broader market correction pressures and described the dip as a buying opportunity. Saylor said, “We will not abandon our Bitcoin strategy,” and summarized his intent for more acquisitions with the phrase, “More Orange” [2, 3].
Financial data reveals the scale of the company's exposure. MicroStrategy currently holds 843,738 BTC, valued at $64.83 billion [4]. However, the company has faced significant volatility, with MSTR stock down 58% year-over-year [5]. This volatility has resulted in unrealized Bitcoin losses of $14 billion [6].
Despite these losses, the company maintains a dollar-reserve buffer of $48 billion [7]. This liquidity provides a cushion against further price swings while the company pursues its long-term goal to maximize Bitcoin per share by 2033 [8].
While Saylor remains committed to accumulation, he indicated that the company's holdings are not permanently locked. He said, “It’s not unlikely that we’ll sell some Bitcoin as early as 2026” [9]. This suggests a potential shift in strategy within the current year, though the primary objective remains long-term growth.
There is a notable discrepancy in the company's current valuation. While its Bitcoin holdings are valued at $64.83 billion [4], the total market value of MicroStrategy is reported at $58.6 billion [10]. This indicates that the company's assets currently exceed its own market capitalization.
““We will not abandon our Bitcoin strategy,””
MicroStrategy's strategy creates a high-leverage bet on Bitcoin's long-term appreciation. By maintaining a massive dollar reserve alongside unrealized losses, Saylor is attempting to weather short-term volatility to reach a 2033 target. The mention of potential sales in 2026 suggests the company may eventually seek to realize gains or rebalance its portfolio to sustain its corporate operations.
