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Strategy CEO Says Company Will Not Stop Buying Bitcoin, Eyes $8,000-$10,000 as Debt Risk Threshold

Capital Flow Price Prediction

2026-07-16 00:12:03

BTC0.16%

According to The Block, Strategy CEO Phong Le stated on July 16 that the company will not stop purchasing Bitcoin and aims to become the largest Bitcoin buyer "in the foreseeable future." Debt risk only becomes a concern if BTC falls to approximately $8,000–$10,000, he said.

The company recently sold over $215 million in Bitcoin and raised cash reserves to $3 billion to address near-term liquidity demands from preferred shareholders and demonstrate the liquidity of its Bitcoin holdings. Bitcoin is currently trading near $65,000.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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