Strategy CEO: No need to worry about debt until Bitcoin drops to $10K Strategy President and CEO Phong Le @phongle stated that despite the company recently selling over $215 million worth of BTC, it still plans to remain a long-term major buyer of Bitcoin and has no intention of exiting. He mentioned that the company would only need to consider debt-related risks if BTC drops to around $8,000 to $10,000. For now, the balance sheet remains relatively secure. Last week, Strategy also raised approximately $467 million through the sale of common stock, increasing its cash reserves to about $3 billion. Source: Bloomberg Television