PANews reported on February 11th that, according to CoinDesk, Strategy Executive Chairman Michael Saylor stated in an interview with CNBC that market concerns about the company potentially being forced to sell Bitcoin due to a price drop are "unfounded," and reiterated the company's commitment to continuing to accumulate Bitcoin. Saylor pointed out that the company's net leverage ratio is only half that of a typical investment-grade firm, and its balance sheet has cash reserves sufficient to cover 50 years of dividends. He emphasized, "We will not sell; we will continue to buy Bitcoin. I expect to buy Bitcoin every quarter going forward."
Saylor describes Bitcoin's extreme volatility as an inherent characteristic of "digital capital," arguing that its volatility is two to four times that of traditional assets such as gold, stocks, or real estate, but its performance over the next decade will also be two to four times that of traditional assets. He did not make a short-term price prediction for Bitcoin but reiterated his confidence in its long-term performance, expecting it to outperform the S&P 500 by "two to three times" over the next four to eight years. Saylor also emphasized that the company's balance sheet has no credit risk, and its digital lending business has become one of the most actively traded credit instruments in the past decade, generating cash flow far exceeding that of traditional fixed-income products.

