Strategy May Initiate MSTR Buyback If Price Hits Deep Discount To NAV

Michael Saylor indicates share repurchases could occur if MSTR trades at a deep discount to NAV, emphasizing cash reserves for Bitcoin flexibility and advising long-term holding periods.

Woofun AI reports that Michael Saylor, founder of Strategy, stated on August 18 that share buybacks are not currently a priority but may be initiated if MSTR trades at a 'very, very deep discount' relative to net asset value. The company intends to maintain substantial cash reserves to preserve flexibility for acquiring BTC, repurchasing equity, or servicing debt, while prioritizing the development of STRC and credit operations over stock repurchases.

Saylor explained that Strategy's capital allocation depends on BTC's valuation against its 200-week moving average, retaining more cash when prices are significantly above this metric and deploying funds when they approach or fall below it. He advised MSTR investors to adopt a minimum four-year holding horizon, ideally seven to ten years, acknowledging potential market volatility.