Strategy Inc. CEO Fong Lee described Bitcoin as a unique asset class that combines technological innovation, macroeconomic characteristics, and influence on capital markets. He emphasized that fully understanding BTC's long-term value requires time, while in many aspects the coin already exhibits properties that distinguish it from traditional instruments. In the short term, according to Lee, the price remains sensitive to liquidity and shifts in risk appetite, with volatility comparable to other assets of a similar class.
Bitcoin's Uniqueness as an Asset
Fong Lee highlights the blend of technological innovation and macroeconomic traits that make Bitcoin stand out among financial instruments. He points out BTC's role as a factor capable of impacting capital markets but stresses that the market needs more time to fully grasp this role. This combination of qualities, he says, forms the foundation for institutional interest in the asset.
Short-Term Bitcoin Outlook
In the near term, Bitcoin's price remains sensitive to liquidity fluctuations and changes in market participants' risk appetite. As noted in Strategy Inc.'s commentary, the digital coin's volatility is comparable to similar assets, so short-term price movements often reflect immediate shifts in supply and demand. The market shows high activity: on one trading day, participants sold Bitcoin worth $205 million, illustrating typical market fluctuations.
2026 Forecast
The head of Strategy Inc. provided a moderately positive forecast for 2026, linking it to possible easing of the U.S. Federal Reserve's monetary policy and a recovery in risk appetite amid the U.S. electoral cycle. Additionally, he expects continued adoption of Bitcoin by banks and governments, which together could create a more favorable macro environment for BTC. These conclusions align with analyses from other market players; see, for example, Tom Lee's forecast, which considers similar price drivers.
Investor Activity and Corporate Purchases
Against the backdrop of these macro factors, the market demonstrates high investor activity and significant corporate purchases. Strategy Inc. acquired Bitcoin worth $980 million the week before last and remains the largest BTC holder worldwide, with over 671,000 coins on its balance sheet; the total value of its purchases is estimated at approximately $53 billion. The company continues to increase its position regardless of the current price, amplifying the impact of institutional flows on market liquidity; more details on Strategy's activities and reserves can be found in the article about how Strategy expanded its dollar reserves.
Long-Term Expectations
In the long term, Strategy sees expanding institutional and governmental adoption of Bitcoin and regards it as a macroeconomic innovation. At the same time, the company emphasizes that global liquidity and central bank policies remain key factors shaping the price. To fully understand risks and opportunities, the authors point to the need to consider both technological and macroeconomic scenarios; see also materials on risks for Bitcoin.
Why This Matters
If you mine with a small or medium-sized rig farm in Russia, this news explains the source of major price movements: the combination of institutional purchases and liquidity changes creates market dynamics that directly affect the profitability of selling mined BTC. Meanwhile, the fundamental stance of large holders and expectations regarding Fed policy can shape the overall trend, but short-term fluctuations will remain part of the market. For miners, this means it is important to consider not only operational costs but also overall market liquidity when deciding when to sell mined coins.
What To Do?
- Build a financial cushion to cover electricity and equipment expenses in case of sharp price swings.
- Set rules for selling mined coins, such as fixed portions or price level triggers, to reduce volatility's impact on profitability.
- Monitor news about large flows and corporate purchases—they affect liquidity; use this information when planning sales.
- Optimize equipment and maintenance costs: lowering operating expenses increases resilience during price drops.
- If you handle accounting and taxes, coordinate in advance the procedures for recording and reporting realized BTC according to Russian regulations.
These steps will help reduce the impact of short-term volatility and better plan cash flows while preserving the opportunity to benefit from favorable macro factors highlighted by Strategy Inc.