Phong Le reveals the key reason behind his unwavering optimism towards Bitcoin

Phong Le, CEO of Strategy, dismisses recent volatility and explains why institutional adoption and the US Strategic Reserve guarantee a bullish future for Bitcoin through 2026.

He has sent a powerful message to the markets: Bitcoin's fundamentals are not only intact, but stronger than at any other time in its history. Following a market correction that saw the asset retreat nearly 30% from its October highs, the executive has stepped forward to dispel doubts, asserting that his confidence for 2026 is based on profound structural changes and not on daily price action.

Far from expressing concern about the recent volatility, Le urges investors to broaden their perspective. For him, the current narrative is no longer about retail speculation, but about unprecedented global financial integration. 

Network security, the immutability of the supply, and above all, the massive influx of institutional capital, are the pillars that, according to their view, make the current price of Bitcoin irrelevant compared to its potential future value.

Bitcoin as a solid strategic asset

Phong Le's unwavering optimism toward Bitcoin is not an act of faith, but a response to tangible data on the cryptocurrency's large-scale adoption. The key reason behind his bullish stance lies in what he calls the "definitive legitimation» of Bitcoin. 

During his recent interactions with traditional banking, both in the United States and in the financial centers of the United Arab Emirates, Le has detected a paradigm shift: entities are no longer debating whether to adopt Bitcoin, but how to operationally integrate it into their balance sheets and services.

This change in tone in the private sector is supported by a top-tier geopolitical catalyst: the proposal of a Strategic Bitcoin Reserve in the United StatesPreliminary announcements in March have marked a psychological and financial turning point globally. While full implementation of this reserve is still underway, the mere fact that the world's largest economy considers BTC as a national reserve asset has eliminated much of the regulatory race risk feared by traditional investors.

According to analyses shared by experts like Alex Thorn of Galaxy Digital, and supported by Le's vision, the establishment of this reserve before the end of the year would not only inject capital but also send a global signal that Bitcoin is a strategic state asset, comparable to gold. For Le, this macroeconomic environment is the ultimate buy signal, suggesting that those driven by short-term fear are ignoring the largest institutional wealth transfer of the decade.

Strategy's discipline versus Bitcoin's volatility

To understand Phong Le's conviction, it is necessary to analyze the movements of Strategy, which acts as a barometer of corporate commitment to Bitcoin. 

In early October, the market celebrated an all-time high above $126.000 per BTC, triggering euphoria that was followed by a technical correction that dragged the cryptocurrency's price down to the $89.000 range, where it currently stands. This decline plunged the Crypto Fear & Greed Index in territory of "extreme fear", shaking the weakest hands in the market.

However, under Le's leadership, Strategy has not only maintained its position but strengthened it. The company currently possesses one of the largest corporate treasuries in the world, with more than 671.200 BTCvalued at current prices at over $59.000 billion. So, far from slowing down its investment strategy, the company took advantage of the last quarter's correction to acquire at least 10.000 additional Bitcoin coins at an average price of $92.000, demonstrating its confidence in the potential of the market-leading cryptocurrency. 

He explained that the firm uses advanced financial metrics, such as mNAV (market net asset value), to evaluate its performance. Although the price drop temporarily pushed this indicator below 1, the CEO emphasized that volatility is the entry price for achieving superior returns.

"When you're an investor, you think about the long-term perspective of the asset class.", said I recently read on the Coin Stories podcast with Natalie Brunell, emphasizing that emotional discipline is the most valuable asset during consolidation phases.

Bitcoin heading towards consolidation in 2026: Strategy's strategic vision

Strategy's outlook for 2026 is based on the conviction that the Bitcoin market will enter a more stable and functional stage of maturity. The company maintains that this process will be driven by three forces working together to reduce volatility and strengthen the intrinsic value of the digital asset.

First, the limited nature of Bitcoin This remains its strongest argument. And, in a context where traditional currencies are expanding relentlessly, the cryptocurrency's immutable scarcity will act as a shield against widespread depreciation, solidifying its position as a reliable store of value.

Added to this is the growing adoption by the corporate and banking sectorsThe sustained entry of large financial institutions, along with the interest of commercial banks—such as Vanguard and JPMorgan—is creating higher and more stable price support. This phenomenon marks a transition toward more structural rather than speculative demand.

Por último, la evolution of regulatory frameworks In major economies, including the United States, the United Arab Emirates, and Hong Kong, this is bringing much-needed clarity to the market. As legal gray areas are eliminated, conditions are becoming more favorable for pension funds, sovereign wealth funds, and long-term institutional capital to enter the crypto market with greater confidence.

So, according to Strategy's CEO, price correction periods don't alter Bitcoin's fundamental direction as a disruptive protocol. Rather, he believes the infrastructure that's quietly being built is the true sign of the financial future. 

In Le and Strategy's view, what is truly relevant is that Bitcoin will consolidate itself as a stable and strategic component within the new digital economy.