Strategy (MSTR) CEO: Only a multi‑year $8,000 Bitcoin would pose existential risk
CEO Phong Le told investors on the latest earnings call that Strategy (MSTR) would only face an existential threat if Bitcoin fell to about $8,000 and stayed there for years. The comments followed a week when BTC slid more than 20%, MSTR dropped 17.12% in a single session, and then rebounded 7.19% in extended trading.