Michael Saylor downplays Strategy credit risk as bitcoin tumbles: 'We'll refinance the debt'

Strategy

CEO Michael Saylor brushed off concerns about the company’s credit risk if bitcoin

continues to tumble.

In fact, Saylor said he plans to keep accumulating the cryptocurrency for the company every quarter.

“If bitcoin falls 90% for the next four years, we’ll refinance the debt,” the executive said Tuesday on CNBC’s “Squawk Box.” “We’ll just roll it forward.”