Despite the recent downturn in the cryptocurrency market, Strategy founder and CEO Michael Saylor remains optimistic about Bitcoin’s long-term prospects. He stated that Bitcoin is expected to outperform traditional assets in the coming years, with performance projected to be two to three times that of the U.S. stock market’s S&P 500 index.
During an interview with CNBC’s Squawk Box on Tuesday, Michael Saylor said, “I believe that over the next four to eight years, Bitcoin’s performance will be twice, or even three times, that of the S&P 500.”
As Michael Saylor voiced his confidence, the crypto industry was experiencing a severe winter. Bitcoin fell below the $70,000 mark, down more than 45% from its all-time high of $126,000 set in October last year. This decline also dragged Strategy’s stock price down to $103, which has since rebounded to $133, but remains over 70% below its record high of $457.22 in July last year.
Despite the bearish market sentiment, Strategy continued to increase its holdings. Last week, it invested approximately $90 million to acquire an additional 1,142 Bitcoin, bringing its total holdings to 714,644 coins, accounting for over 3.4% of the total Bitcoin supply. However, with the recent decline in the crypto market, Strategy’s large Bitcoin position currently faces an unrealized loss of about $5.2 billion.
In response to concerns that continued low prices might force Strategy to sell Bitcoin to ease financial pressure, Michael Saylor firmly rebutted, “We will never sell our coins to cash out.”
“We will keep adding more. I expect we will buy Bitcoin every quarter, forever.”
Strategy CEO Phong Le also mentioned during the earnings call that only if Bitcoin’s price crashes by 90%, dropping to around $8,000, and remains at that level for five to six years, would it pose a material threat to the company’s ability to service its convertible bonds.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Etherealize Raises ETH Long-Term Price Target to $250,000
Gate News message, April 21 — Etherealize released a new report raising Ethereum's (ETH) long-term price target to $250,000. The forecast is based on the assumption that ETH could capture a "monetary premium" similar to gold and Bitcoin, securing a position in the approximately $31 trillion value st
GateNews51m ago
ADA Price Outlook as Cardano Lands LSE Tokenized Deal
Key Insights
Cardano tokenized a Hannover Re reinsurance product and listed it on the London Stock Exchange, expanding blockchain use in regulated institutional markets.
ADA price holds within a descending wedge as support at $0.2400 remains intact while resistance near $0.2550 and $0.2824 l
CryptoNewsLand3h ago
ETH Liquidation Cascade: $1.166B Short Squeeze at $2,420; $827M Long Liquidations Below $2,197
Coinglass data suggest ETH breaking above $2,420 could trigger $1.166B in short liquidations across major centralized exchanges, while a drop below $2,197 could total $827M in long liquidations.
GateNews4h ago
Grayscale Research Head: Bitcoin Rally Above $76K Could Signal Start of Bull Market Phase One
Grayscale research head Zach Pandl analyzes Bitcoin's rebound from a February low, using the realized price metric to show recent buyers at breakeven and hint at an early bull phase, with a reported bottom around $65k-$70k.
Grayscale’s Pandl: Bitcoin hit ~63k in Feb, rose to ~76k; realized price ~74k shows recent buyers breakeven, hinting at early bull phase and a bottom around 65-70k.
GateNews6h ago
Liquidity Shift Sparks Opportunity: 3 Altcoins Poised for Massive 5x–20x Moves
Solana shows strong fundamentals, growing adoption, and potential rapid upside with renewed liquidity.
IOTA gains traction through unique DAG design and real-world partnerships driving investor interest.
Litecoin offers stability, fast transactions, and attracts early capital during
CryptoNewsLand7h ago
Early Signals Flash Green — 3 Altcoins That Could Move Fast: HYPE, DOGE, BCH
Hyperliquid shows strong momentum, rising volume, and growing institutional ETF interest.
Dogecoin maintains community strength, fast payments, and strong retail-driven market relevance.
Bitcoin Cash focuses on low fees, fast transactions, and practical real-world payment use.
Market
CryptoNewsLand8h ago
