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Strategy Doubles Down on Bitcoin as Saylor Vows Quarterly Buys, Predicts 2–3x S&P Returns

Saylor frames quarterly buying as a treasury policy despite steep share losses.

Overview

  • The company disclosed a new purchase of 1,142 BTC, bringing its holdings to 714,644 BTC, or roughly 3.4% of bitcoin’s supply.
  • Saylor said on CNBC that Strategy will keep adding bitcoin every quarter with no plans to sell, and he predicted bitcoin will outperform the S&P 500 by two to three times over the next four to eight years.
  • The firm’s bitcoin position remains below its total acquisition cost, and Strategy previously reported a $12.4 billion net loss in Q3 2025 after the price slump from the October peak.
  • CEO Phong Le said the balance sheet would face serious strain only if bitcoin fell about 90% to roughly $8,000 and stayed there for five to six years, with refinancing available in severe scenarios.
  • Investor caution persists, with Barron’s reporting short interest at about 30.5 million shares near 10% of the float, and MSCI’s review of potential index changes concerning heavy digital‑asset exposure still unresolved.