Strategy CEO: Bitcoin would need to plunge to $8,000 before balance sheet issues

Core Viewpoint - The company maintains a resilient balance sheet despite the recent decline in bitcoin prices, emphasizing that a significant drop to $8,000 would be necessary for it to impact their ability to service convertible debt [1][2]. Financial Performance - The company reported a net loss of $12.6 billion for the fourth quarter, primarily due to unrealized losses on digital asset holdings as bitcoin's price fell below the average acquisition cost [3]. - The decline in bitcoin value was attributed to quarter-end mark-to-market accounting, but the company remains committed to a long-term strategy despite short-term volatility [5]. Bitcoin Holdings and Strategy - The company continues to acquire more bitcoin, reinforcing its position as the largest corporate holder of the asset [4]. - Executives highlighted the importance of focusing on long-term fundamentals and regulatory support in the U.S. amidst the current market volatility [5]. Market Context - Bitcoin experienced a sharp sell-off, dropping 9% in the past 24 hours to trade at $64,833, with the company's stock (MSTR) falling 17.12% on the same day and down 72% over the past six months [5]. Quantum Computing Concerns - The company addressed concerns regarding quantum computing threats to bitcoin, suggesting that any significant risk is at least a decade away and labeling current fears as "FUD" (fear, uncertainty, doubt) [6].