Strategy CEO Sets $8K–$10K Bitcoin Price as Debt Risk Threshold

According to Bloomberg TV, Strategy CEO Phong Le stated that Bitcoin reaching the $8,000–$10,000 range represents the company's debt risk threshold, at which point the balance sheet would enter a capital-structure stress zone. At BTC's current price of approximately $64,500, this level implies roughly an 85% drawdown. Le said the company feels "very secure about the balance sheet" until that point and aims to "build a capital structure that can withstand bear markets."

Strategy holds over 840,000 BTC as of mid-2026, making it the world's largest corporate Bitcoin holder. The company recently raised its cash reserve to approximately $3 billion, up from a prior $1.4 billion target, which the company said provides roughly 21 months of coverage for dividends and interest without touching its Bitcoin holdings.