Strategy Stock Still a Buy at Cantor After Plunge Forces Major Price Target Cut

Strategy CEO Phong Le announced that the firm successfully raised $1.44 billion in just eight days to secure a 21-month dividend runway, aiming to alleviate investor concerns during a downturn in Bitcoin prices. This funding is intended to counteract fear, uncertainty, and doubt (FUD) surrounding the cryptocurrency market.

Strategy, the corporate Bitcoin buyer led by Michael Saylor, has significantly reduced its Bitcoin purchases in 2025, marking a departure from its previous steady demand, as reported by CryptoQuant. This decline in monthly buys reflects a broader shift in institutional support for Bitcoin, raising concerns among market watchers about the future of corporate investment in the cryptocurrency.

Bitwise Chief Investment Officer Matt Hougan has countered fears that Strategy, formerly MicroStrategy, could be forced to liquidate its substantial Bitcoin holdings, estimated at around $60 billion. In his memo, Hougan asserts that the company is not in immediate danger of selling its assets despite market volatility and declining stock prices.

Blockdaemon and VerifiedX have partnered to create a user-friendly, self-custodial decentralized finance (DeFi) experience, akin to popular payment apps like Venmo and Cash App, enabling users to earn yield on bitcoin (BTC) and stablecoins while borrowing against their holdings.

Strategy has transferred $1 billion in Bitcoin to Fidelity Custody, reflecting a growing trend among corporations to utilize institutional custodians for enhanced security and flexibility in managing digital assets.

Strategy, co-founded by Michael Saylor, has reduced its Bitcoin purchases significantly over the past three months, indicating a cautious approach as the company braces for a potential bear market. This shift comes amid a broader decline in the cryptocurrency market, where institutional investors are increasingly wary of prolonged price consolidation or further declines.

Strategy's monthly Bitcoin purchases have significantly decreased in the latter half of 2025, coinciding with a downturn in the crypto treasury market. This decline reflects broader market instability, as Bitcoin's value has plummeted, impacting investor confidence.

Fong Lee, CEO of Strategy, stated in a recent interview with Yahoo Finance that the company does not engage in trading Bitcoin but rather accumulates it while remaining price agnostic. This approach emphasizes a long-term investment strategy rather than short-term trading tactics.