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Strategy CEO reaffirms Bitcoin buy plan despite $6B debt, eyes risk only if Bitcoin hits $8K-$10K

Market News
16 Jul 2026, 00:09 WIB
Crypto Briefing
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Bullish
Strategy CEO reaffirms Bitcoin buy plan despite $6B debt, eyes risk only if Bitcoin hits $8K-$10K

Strategy Inc.'s CEO Phong Le confirmed the company's commitment to continue buying Bitcoin despite carrying $6 billion in debt. The firm, holding over 843,000 Bitcoin valued around $69,000 each, will only reassess its debt risks if Bitcoin prices fall to $8,000-$10,000. This stance signals confidence in their financial stability and Bitcoin strategy, reassuring investors amid debt concerns. Market watchers will monitor Bitcoin's price closely as any drop toward that range could prompt strategic changes before the December 31 target for STRC to reach $100.

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