Saylor Warns MSTR Investors: Hold for 7-10 Years, Be Prepared for Volatility

Michael Saylor, executive chairman of Strategy, has advised investors to hold onto their MSTR shares for at least four years, with seven to ten years being preferable. This comes as a warning against treating MSTR as a short-dated call option.

Saylor emphasized that investors should be prepared for difficult years and that the company will not manage its balance sheet around quarterly sentiment.

Strategy currently holds about $4.8 billion in cash, which Saylor framed as flexibility to buy Bitcoin, repurchase MSTR or preferred shares, or repay debt.

The company's ability to sell Bitcoin is now explicitly on the table, according to Saylor, who noted that this does not mean a sale is imminent.