In a CNBC interview, Strategy CEO Phong Le discussed navigating the 2022 Bitcoin bear market. He confirmed the company would stay the course, pursuing its strategic playbook: issue equity and debt above NAV and pursue accretive Bitcoin acquisitions.
Le noted that BTC accumulation may slow in downturns, but the framework remains intact. He addressed dividend concerns, insisting the firm maintains liquidity and resilience amid market chatter and speculative short-seller activity.
Regarding the dividend reserve fund, Le stated the raise occurred in eight and a half days, equating to about 21 months of payouts. The move was designed to dispel FUD and reassure investors.
The disclosures underscore disciplined capital allocation and NAV-aware funding, enabling accretive Bitcoin buys while aiming to preserve shareholder value through market cycles.