The recent declines in Bitcoin have brought to light the losses of companies holding BTC on their balance sheets, with Strategy (formerly MicroStrategy) being the most vocal in this regard.

Strategy, the largest institutional Bitcoin (BTC) holder, continues to be talked about due to its losses of approximately $6 billion, while the company says it can pay off its $6 billion debt even if Bitcoin reaches $8,000.

MichaStrategy (MSTR), led by big bull Michael Saylor, stated in a statement from its official X account that it has sufficient assets to fully repay its debt even if the Bitcoin price falls to $8,000.

“Strategy can withstand a drop in the BTC price to $8,000 and still have sufficient assets to fully cover our debt.”

The company announced that it holds approximately $49.3 billion worth of BTC, with an average purchase price of $69,000, and that it has restructured its loans with maturities extending until 2032 to mitigate the risk of immediate liquidation.

Michael Saylor, the founder who also shared the company’s Bitcoin announcement on his own account, stated that the firm plans to convert $6 billion of its bond debt into equity, a move that will reduce the debt on the balance sheet.

Saylor said, “We plan to convert our convertible bond debt into equity within the next 3 to 6 years.”

While the company’s losses continue to be discussed in the market, Strategy CEO Phong Le also stated that a potential drop in Bitcoin to $8,000 would likely occur within a few years, providing ample time for restructuring or raising additional capital.

Furthermore, Strategy is maintaining its accumulation strategy despite increasing market volatility. Saylor signaled additional Bitcoin purchases, as he does every week. This series of purchases marks 12 consecutive weeks of buying, confirming his long-term holding strategy even during price declines.

Our plan is to equitize our convertible debt over the next 3–6 years. https://t.co/yRsCuCRNHl

— Michael Saylor (@saylor) February 15, 2026

*This is not investment advice.

Continue Reading: Strategy Reveals What Level Bitcoin (BTC) Needs to Fall for Him to Be Able to Pay His Debts! Here’s the Critical Level!