Announces Holding Until 2065! Strategy CEO Strongly Supports Bitcoin, "Diamond Hands" Strategy Responds to FUD

Under the resolute stance of Strategy, the world’s largest corporate Bitcoin holding institution, the cryptocurrency market is attempting to find a bottom after breaking through key support levels. Strategy CEO Phong Le made it clear in an interview with CNBC that the company plans to hold its 650,000 Bitcoins (worth approximately $58 billion) until 2065, unless it faces an extreme liquidity crisis lasting decades. To dispel market doubts about its financial health, Strategy recently raised $1.44 billion in just eight and a half days, establishing a reserve fund sufficient to cover 21 months of dividends. Although Bitcoin’s price has fallen below the $90,000 mark, technical analysis shows it is still within an 18-month-long “cup and handle” base, but the probability of a short-term rebound to $100,000 is expected by the market to be only 28.8%.

Facing Market Turmoil: Strategy’s “2065 Declaration” and Defensive Fundraising

When Bitcoin’s price fell below the psychological $90,000 level on December 7, sending panic through the market, the largest “corporate whale” Strategy stepped forward with a firm stance to reassure investors. CEO Phong Le issued a shocking “2065 Declaration” on CNBC’s “Power Lunch,” stating that the company would only consider selling its Bitcoin in the event of a decades-long liquidity crisis; otherwise, it will steadfastly execute its long-term holding strategy.

This statement is not just rhetoric, but backed by substantial financial actions. Le specifically refuted rumors circulating in the market that Strategy might not be able to pay dividends, calling it “FUD” (fear, uncertainty, doubt). He revealed that the company recently raised $1.44 billion in just eight and a half days, with the funds specifically set aside as a dividend reserve fund, enough to cover the next 21 months of dividend obligations. Le described this move as a “FUD eliminator” and a defensive measure to prove the company’s strong financing capability even during market downturns. He emphasized that Strategy has survived the bear market of 2022, and its core strategy—issuing stocks or bonds at a premium over net asset value and using the proceeds to buy more Bitcoin—will not change due to short-term volatility, at most only “slowing the pace of accumulation” during market slumps.

Key Data on Strategy’s Holdings and Recent Defensive Moves

• Bitcoin Holdings: 650,000 BTC (another source reports 660,624 BTC), accounting for about 3.1% of total Bitcoin supply.
• Holding Value (at current price): Approximately $58 billion (or $59.82 billion based on 660,624 BTC).
• Average Holding Cost: $74,696.
• Unrealized Profit: About $10.473 billion (based on higher holdings and cost calculation).
• Latest Fundraising: $1.44 billion (completed in 8.5 days).
• Use of Funds: Establishing a dividend reserve fund, sufficient to cover 21 months of dividend payments.
• CEO Commitment: Plans to hold Bitcoin until 2065, unless a decades-long liquidity crisis occurs.

Interpreting the Signal: Why Make a “Never Sell” Commitment at a Market Low?

Strategy chose to issue such a long-term commitment when Bitcoin broke through key technical support and market confidence was fragile—sending multiple signals worth examining. First, this is undoubtedly a “psychological war” against short sellers. Recently, the market has continually questioned its dividend-paying ability and the sustainability of its high-premium financing model, giving short sellers ammunition. Phong Le’s “2065” timeline and lightning-fast fundraising aim to demonstrate the company’s financial resilience and strategic resolve, directly undermining the bearish narrative.

Second, this is a reaffirmation and reinforcement of its core business model—being a “Bitcoin-native” company. Strategy positions itself as a proxy tool for investors to gain Bitcoin exposure via public market shares, with its stock price deeply tied to Bitcoin’s price and market confidence in its strategy. Now that spot Bitcoin ETFs offer a more convenient investment channel, Strategy must provide more “added value” than ETFs, and an extreme conviction with an ultra-long holding period is the unique narrative and moat it seeks to build. This move tells shareholders: you are not investing in a fund that may rebalance at any time, but in a “new-era digital company” that treats Bitcoin as a permanent core reserve asset.

On a deeper level, this is also a public sermon for the long-term value of cryptocurrency. In the interview, Phong Le reminded the market not to be misled by the past two months of declines, but to see Bitcoin’s 45% annualized return over the past five years, making it one of the best-performing asset classes globally. These remarks put current volatility into a longer time frame, calling for investors to have “diamond hands” (steadfast holding), and essentially championing long-termism for the entire industry.

Technical Pressure: Bull-Bear Struggle and Key Levels in the Cup-and-Handle Pattern

Despite the whale’s firm stance, Bitcoin’s short-term trend still requires technical analysis. Currently, Bitcoin is trading near $89,000, and charts show it is in the base of an 18-month “cup and handle” formation—a classic medium-to-long-term bullish continuation pattern. However, the price is now in the “handle” pullback phase, testing the patience of the bulls.

Looking at key levels, losing $90,000 means the $80,700 to $85,000 range (coinciding with the lower Bollinger Band and last month’s low) becomes the last critical line of defense. If the daily close effectively breaks below this area, it may destroy the current bullish structure, opening up room for a deeper correction to $70,000. On the upside, the initial strong resistance is at $100,000 to $100,300 (Bollinger Band midline and psychological level); Bitcoin needs to break through this area with sustained volume to end the correction and resume the uptrend. According to market data models, the current probability of Bitcoin rebounding above $100,000 is about 28.8%, while the probability of further decline toward the previous low of $82,000 is as high as 57%, reflecting market caution.

The Relative Strength Index (RSI) is at 34.6, indicating the market has entered a short-term oversold zone within a larger bullish base, providing some conditions for a technical rebound. However, the sustainability and strength of any rebound will depend directly on whether buying pressure follows through and whether the firm stance of institutions like Strategy can translate into broader market buying confidence.

Battle of Models: The Era Test for Corporate Treasury Bitcoin Strategy

Strategy’s “2065 Declaration” is not just about itself; it puts the “corporate treasury Bitcoin allocation” model in the spotlight regarding its current state and future. As Liquid Capital founder Yihua Yi said, “I believe Wall Street will eventually win. Bitmine is experiencing the same pain as Strategy once did.” This statement accurately highlights the common challenge facing DAT (Digital Asset Treasury) companies: in the post-arbitrage era where share price premiums have disappeared and ETF competition has intensified, how can they prove their model’s superiority?

Strategy and Bitmine represent two different evolutionary paths. Strategy sticks to the “ultimate store of value” narrative, reinforcing financial defense (raising cash) and extending its holding period indefinitely to consolidate its model. Bitmine, on the other hand, is trying to shift to a “productive capital” model, planning to generate yield by staking Ethereum. Both are trying to answer the same question: when convenient ETF channels have erased access premiums, what is the extra value of a public company holding crypto assets?

The outcome of this model battle will profoundly impact how institutional funds enter crypto in the future. If Strategy can survive this round of testing with its extreme conviction and financial resilience, and prove its “amplifier effect” again in the next Bitcoin bull cycle, the narrative of the “Bitcoin-native company” will be revived. Conversely, if its stock price remains sluggish or it is forced to sell Bitcoin, it may signal that this early innovative model will gradually be replaced by more standardized, lower-cost financial products (such as ETFs). Phong Le’s “2065” is both a commitment and a gamble.