The company called Strategy, managed by American technology manager Michael Saylor, announced that it has no plans to sell its Bitcoins and will continue regular purchases. The company, known for its software and consultancy services, draws attention with the high volume of Bitcoin investments it has made in recent years. The strategy ranks high among publicly traded institutions with its Bitcoin assets.
Saylor: Bitcoin Purchases Will Continue
Michael Saylor answered questions about Strategy’s Bitcoin portfolio in a television program he attended. He opposed concerns that the company might be forced to sell its Bitcoin assets despite current market fluctuations. Saylor stated that the company’s balance sheet is prepared to withstand long-term fluctuations.
It was stated that the company will continue to purchase Bitcoin every quarter and sales are not on their agenda. Saylor also underlined that the Strategy is in a solid position in terms of collateral and liquidity.
Market Conditions and Strategy’s Position
While recent fluctuations in Bitcoin price have brought institutional investors’ portfolio strategies back to the agenda, the Strategy company remains committed to the cryptocurrency. Stocks rise and fall in line with Bitcoin price movements. Saylor stated that the financial structure established by the company does not require sales even in times of decline.
It was shared that Strategy’s cash assets are sufficient to cover dividends and debt payments for approximately two and a half years.
Risks and Long-Term Perspective
Saylor emphasized that Bitcoin’s volatile structure overlaps with the concept of “digital capital” and exhibits higher mobility, not like traditional assets. While it is stated that short-term price changes do not affect the company’s investment strategy, it is stated that Bitcoin outperforms classical investment instruments in the long term.
It was stated that the basis of the management approach is the performance criterion for a period of four years or more, and that short-term transactions shorter than this period are not considered as “capital investment”.
The company’s shares gain value rapidly during market rises; In periods of decline, it may decline further. Saylor stated that this volatility creates demand for new types of financial products and that the company is in a position to support them.
On the other hand, Strategy last purchased 1,142 Bitcoins between February 2-8, increasing its portfolio to 714,644 BTC. It was reported that around 90 million dollars were spent in total for the purchase. The company’s shares were trading at $135 in the morning. The price of Bitcoin was hovering around the $69,000 level during this period.
