Strategy Chairman Saylor Confirms No Bitcoin M&A Plans Citing Acquisition Risks

Michael Saylor, chairman of Strategy Inc., has confirmed that the company has no current plans to pursue mergers or acquisitions with other Bitcoin treasury companies due to the excessive uncertainty and lengthy transaction timelines involved, which can span six to nine months or longer. Despite growing consolidation in the sector, exemplified by Strive's recent merger with Semler Scientific, Strategy remains focused on selling digital credit instruments, strengthening its balance sheet, and acquiring Bitcoin directly. The company holds 640,808 BTC, making it the largest corporate Bitcoin holder, and reported a $2.8 billion net income in Q3, beating expectations and lifting its shares. Analysts have expressed concerns about Strategy's shrinking premium on Bitcoin holdings, contributing to lowered price targets, though Strategy maintains a bullish outlook with a target Bitcoin price of $150,000. CEO Phong Le emphasized the complexities and hidden risks of mergers, reinforcing the company's preference for a transparent, high-speed digital transaction model that offers predictable value to investors. While not ruling out future acquisitions entirely, Strategy currently prioritizes organic growth over M&A activity, citing the potential distractions and risks involved in integration processes.