Strategy’s ($MSTR) Executive Chairman Michael Saylor said on the company’s fourth-quarter 2025 earnings call that Strategy will initiate a Bitcoin Security Program. The effort is meant to coordinate with the global cyber, crypto, and Bitcoin security community.
In the call, Saylor framed quantum computing as a long-term engineering challenge rather than an immediate danger. He said the technology is likely more than a decade away from posing a serious risk to Bitcoin’s cryptography.
During the call, Strategy displayed a slide titled “Quantum and our Commitment to Bitcoin Security.” It listed quantum concerns as the latest form of Bitcoin “FUD,” alongside past fears the network and Strategy as a whole have endured.
The company outlined its position that many industries, including financial services and defense, still depend on traditional cryptography. It noted that global investment is already flowing into quantum-resistant security research.
Saylor said the Bitcoin community is already engaged in work on quantum-resistant protocols. He added that if Bitcoin ever requires an upgrade, it would come through broad global consensus.
Strategy’s announcement comes during a volatile period for both Bitcoin and crypto-linked equities. The company reported a net loss of roughly $12.4 billion for the quarter, driven by mark-to-market declines in its bitcoin holdings.
Shares of Strategy fell 17% on Thursday, trading as low as $104 during the session. The stock rebounded today, currently trading up 21%.
Strategy remains the largest corporate holder of bitcoin. The firm has accumulated more than 713,000 BTC under its treasury strategy led by Saylor and CEO Phong Le.
While quantum computing remains in early stages, researchers have warned that advanced machines could eventually challenge the encryption systems used across finance, communications, and blockchain networks.
Saylor argued that Bitcoin will emerge stronger after any future upgrade. He said the network has repeatedly adapted through past technical and regulatory challenges.
Strategy isn’t worried about the bitcoin dip
Executives used the earnings call to address investor concerns about balance sheet pressure during Bitcoin’s downturn.
Le said Bitcoin would need to fall to around $8,000 per coin and stay at that level for five to six years before the company would face serious difficulty servicing its convertible debt.
“In the extreme downside, if we were to have a 90% decline in bitcoin price, and the price was $8,000, that is the point at which our bitcoin reserve equals our net debt,” Le said. He noted that under such conditions, the company could consider restructuring or raising additional capital.
Strategy’s leadership emphasized the long-term nature of its approach. Saylor said the firm is built to withstand sharp quarter-to-quarter swings. The company’s bitcoin reserves remain valued in the tens of billions of dollars despite unrealized losses reported in the quarter.
Strategy has continued raising capital to support further acquisitions. It raised more than $25 billion last year and purchased additional bitcoin in early 2026.
Currently, Bitcoin trades far below its 2025 highs, but the asset is up $10,000 on the day.
Source: https://bitcoinmagazine.com/news/strategy-mstr-will-lead-bitcoin-effort
