Strategy CEO Predicts Outperformance Over Bitcoin Amid Bear Market

Strategy CEO Phong Le remains optimistic about the company's long-term Bitcoin strategy despite recent sales and market losses. Speaking to CNBC, Le described the current market as another Bitcoin bear cycle.

He noted that Strategy has navigated similar conditions before, including the 2022 downturn, and believes the company will come out stronger and outperform Bitcoin during the next bull run.

The CEO attributed Bitcoin's recent weakness to broader macroeconomic conditions rather than problems with the asset itself. He emphasized that Strategy is willing to sell BTC whenever it benefits the business, with recent sales totaling 1,638 BTC for about $104.7 million.

Le highlighted the importance of holding large U.S. dollar reserves, which currently stand at around $3.75 billion, enough to cover more than two years of dividend and interest obligations.