Strategy CEO: Even if the market enters a bear market cycle, we remain confident.

According to Odaily Odaily, Strategy CEO Phong Le stated in an interview that accessing capital markets during a bear market is far more difficult than during a bull market, and the company can no longer raise funds as easily as before. The launch of preferred shares such as Stretch aims to enable MicroStrategy to secure funding even when Bitcoin prices are flat or volatile. He pointed out that MicroStrategy has built a Bitcoin finance framework over the past five years that works effectively in both bull and bear markets, and newly issued preferred shares must undergo a similar market "stress test." Facing a potential new downturn, the company will continue to pay dividends to steadily build investor confidence and pave the way for future fundraising, further solidifying its position as a Bitcoin finance and credit issuer capable of navigating complete market cycles.