Michael Saylor Reveals Next MicroStrategy Move If Bitcoin Falls to $8,000

Key Insights:

• Michael Saylor says MicroStrategy will just refinance its debt and keep buying if Bitcoin crashes by 90%.
• Saylor claims big banks entering crypto will drown out miner selling pressure and keep BTC above $60,000.
• Polymarket traders give MicroStrategy an 89% chance of avoiding a margin call through 2026.

MicroStrategy executive chairman Michael Saylor just dropped a confident take on what would happen if Bitcoin crashed 90% to around $8,000. The Bitcoin evangelist said during an interview that the company would simply refinance its debt and keep rolling.

“If BTC falls 90% in the next four years, we’ll refinance the debt,” Saylor stated plainly.

Saylor’s comments came during a CNBC Squawk Box appearance where he laid out MicroStrategy’s plan for extreme downside. He said the company has 50 years’ worth of dividends in BTC and 2.5 years’ worth of dividends in cash on its balance sheet. Hence, it will always buy Bitcoin.

Saylor also emphasized that there is no credit risk in the balance sheet of the MicroStrategy company. Bitcoin price traded at $66,000 at press time. Therefore, a 90% drop would take it near the $6,700–$8,000 level.

Saylor’s comments hinted at confidence that Bitcoin would likely not fall that far. However, Peter Schiff stands on the other end of that belief. He recently predicted a $10,000 support for BTC.

The overall market sentiment is that the chances of Bitcoin dropping to $8,000 are very slim. This is supported by the fact that miners are currently capitulating. Miner capitulation usually signals the peak of the bear market and accounts for the largest share of Bitcoin’s crash.

However, according to Saylor, Big banks like Charles Schwab, Citibank, JPMorgan, and BNY Mellon are showing significant interest in rolling out credit against Bitcoin. As they do that, they will “negate the miners’ influence by a factor of 10”.

In other words, there will be enough liquidity to absorb the BTC selling pressure from miners, and this should help BTC remain above $60,000.

MicroStrategy Plans to Refinance and Roll Forward

Strategy has been borrowing low-cost debt to purchase more Bitcoin for years, and Saylor has made it clear he won’t deviate from it. Lenders know the Bitcoin thesis, and Strategy has options to extend or restructure their loans.

This interview happened only a few days after MSTR stock got hit by volatility, losing 17% in a single day on Thursday last week, only to spike 26% on Monday this week.

Short traders have been scouting for a margin call that forces liquidation, but Saylor’s comments signal that it might never come. As a result, the margin call narrative is losing steam, with odds on Polymarket down to 11%.

11% Yes, 89% No on Polymarket’s probability of MicroStrategy getting margin called in 2026, traders are betting big that Saylor and the team can navigate any storm without having to dumb their BTC.

MSTR Stock Stays Above $120

MSTR stock held steady above $120 over the last 24 hours, trading in the $126-$133 range amid heavy market volatility. The stock exchanged hands at $123 at press time and was up over 25% in the last 7 days.

Market analyst Benjamin Cowen pointed out MSTR 98 weeks to the bottom during the last bearish cycle.

If the pattern repeats, the low could land around October 2026, meaning there is plenty of time for MicroStrategy to renaissance and ride it out.

The 11% “Yes” bet on Polymarket communicates an important signal. Investors who were losing on Shorts because a margin call was supposedly imminent are being slowly liquidated.

The prediction markets appear to be siding with Saylor for now. Having navigated choppy waters for the MSTR stock last week, and with the recent comments on CNBC, Michael Saylor remains confident in his plan. Meanwhile, the markets are keen to see how things will unfold.