Strategy says it won’t sell Bitcoin despite Q4 loss: “Would consider it only if it fell to $8,000”

Despite incurring a large mark-to-market loss from Bitcoin’s (BTC) sharp drop, Strategy (formerly MicroStrategy) reaffirmed that it has no plans to change its holding strategy. The company’s view is that it will not consider selling unless Bitcoin falls to an extreme level.

According to crypto-focused outlet AMBcrypto on the 7th, Phong Le, Strategy’s chief executive officer (CEO), said in a recent CNBC interview regarding an accounting loss totaling $17.4 billion as of Q4 2025 that it is “not a real cash loss,” adding that “there’s no reason to discuss selling unless Bitcoin sits around the $8,000 level for years.”

Under U.S. GAAP, Strategy recognized the decline in the value of its Bitcoin holdings as an impairment loss. While the book loss widened as Bitcoin retreated sharply through year-end following the October peak, the company does not view it as a structural risk. Le said the likelihood of Bitcoin remaining below $10,000 for an extended period is very low.

He also dismissed concerns about financial stability. Le said, “We have secured $2.52 billion in cash and cash equivalents to cover dividend payments and manage leverage,” adding, “Current Bitcoin price volatility is not a situation that burdens our financial structure.”

Meanwhile, after Bitcoin skeptic Peter Schiff raised issues with Strategy’s funding structure, founder Michael Saylor pushed back, saying, “Our products are delivering performance that outstrips all alternatives.” Strategy has financed Bitcoin purchases through measures such as issuing preferred shares, and it has again been observed that during the recent rebound, the stock’s volatility can exceed that of Bitcoin.

The outlet reported that “even as Bitcoin slid toward the $60,000 level, major Bitcoin treasury companies did not move to sell,” adding that “Strategy accounts for most of total treasury-company holdings and is sticking to its existing strategy.”