Strategy Will Keep Buying Bitcoin Forever, Saylor Says

""We're not going to be selling; we're going to be buying bitcoin," Saylor said. "I expect we'll buy bitcoin every quarter forever.""

"Saylor pushed back against speculation within parts of the bitcoin community that Strategy's leverage and cash position could create pressure to liquidate if prices remain depressed. He called those fears misplaced, arguing the company has structured its balance sheet to withstand volatility. "That's just an unfounded concern," Saylor said, pointing to what he described as conservative leverage relative to typical investment-grade companies and significant liquidity coverage. He said Strategy holds enough cash to cover dividend and debt obligations for roughly two and a half years."

"Saylor framed bitcoin's volatility as inherent to what he called "digital capital," arguing that the asset remains structurally more volatile than traditional stores of value such as gold, equities, or real estate. He said that over longer horizons, bitcoin has outperformed other capital assets and should be viewed through a multi-year lens rather than short-term price moves. "If you've got a time horizon less than four years, you're not really a capital investor," he said, adding that traders may benefit from price swings while long-term investors focus on performance over four-year cycles."

Strategy will continue buying bitcoin on a quarterly basis and will not sell its holdings. Concerns about forced liquidation due to leverage or cash constraints are described as misplaced because the balance sheet is structured to absorb volatility. The company reports conservative leverage relative to typical investment-grade firms and sufficient liquidity to cover dividend and debt obligations for roughly two and a half years. Bitcoin markets remain volatile and the company's stock acts as a leveraged proxy for bitcoin. Bitcoin is characterized as "digital capital," more volatile than gold, equities, or real estate, and should be evaluated over multi-year cycles.

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