Chaitanya Jain, Bitcoin strategy manager at Strategy, has pushed back against online speculation that the company’s fate is tightly bound to the price of Bitcoin.
In a recent statement, Jain assured that even if BTC were to collapse by 98%, the firm’s financial foundation would remain solid.
According to Jain, Strategy’s current Bitcoin reserves—now totaling 601,550 BTC, valued at over $71 billion—are more than enough to cover all outstanding liabilities. The comment comes in response to growing concerns that the company’s aggressive accumulation of Bitcoin could pose a risk if the crypto market turns sharply downward.
The reassurance followed a major purchase earlier this week when Strategy added 4,225 BTC to its balance sheet using proceeds from its latest debt sale, which included instruments like MSTR shares and Bitcoin-backed securities STRK, STRF, and STRD.
Jain framed Strategy not as a fragile entity tied to market volatility but as a “fortress” designed to outlast the cycles of Bitcoin’s price. He also highlighted that the company has raised $35 billion over the past year to fund its treasury strategy, noting a broader trend of institutional investors increasingly embracing Bitcoin. “Finance bros are becoming Bitcoiners,” he added.
Meanwhile, Michael Saylor, Strategy’s executive chairman, recently announced the company generated 2,485 BTC (roughly $291 million) in gains last week alone, and more than 90,000 BTC—valued over $10.5 billion—so far in 2025.
Corporate adoption of Bitcoin is gaining significant momentum, according to Bitwise Asset Management’s latest Q2 2025 report.
Bitcoin showed a brief bullish reaction to the June U.S. Producer Price Index (PPI) release at 12:30 UTC, but the move quickly lost steam as traders digested the broader implications of the data.
U.S.-listed spot Bitcoin ETFs continue to post strong inflows, recording their ninth consecutive day of net positive investment activity on Tuesday.
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, is reportedly finalizing a multibillion-dollar Bitcoin acquisition deal through a special purpose acquisition company (SPAC) backed by Cantor Fitzgerald.