{"id":56007,"date":"2025-10-31T14:16:34","date_gmt":"2025-10-31T14:16:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56007"},"modified":"2025-10-31T14:16:34","modified_gmt":"2025-10-31T14:16:34","slug":"strategys-saylor-says-its-not-the-time-to-buy-rivals-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56007","title":{"rendered":"Strategy\u2019s Saylor Says It\u2019s Not The Time To Buy Rivals \u2013 Details"},"content":{"rendered":"
\n

Strategy Chairman Michael Saylor told investors that his company is not looking to buy peer Bitcoin treasury firms, saying such deals often take too long and carry too much uncertainty.<\/p>\n

Strategy\u2019s Focus Remains On Buying Bitcoin<\/h2>\n

According to Strategy\u2019s third-quarter earnings call, Saylor said the company<\/a> has \u201cno plans to pursue M&A\u201d even when a deal might look accretive at first.<\/p>\n

He warned that deals can stretch out \u201csix to nine months or a year,\u201d and that an idea that looks good at the start may not be attractive months later.<\/p>\n

Strategy\u2019s stated plan is straightforward: sell digital credit, shore up the balance sheet, buy Bitcoin<\/a> and keep investors informed.<\/p>\n

That clarity, Saylor argued, makes the company\u2019s results easier for analysts to check and for the market to judge.<\/p>\n

M&A Activity Picks Up Elsewhere<\/h2>\n

Reports have disclosed that Strive moved ahead with a deal in late September, agreeing to buy rival Semler Scientific in an all-stock transaction that left the combined firm with 11,006 BTC.<\/p>\n

That haul would put Strive among the larger public holders \u2014 roughly the 12th-largest \u2014 trailing big names such as Tesla. By contrast, Strategy\u2019s holdings remain huge: 640,808 BTC, the largest stash reported by any public firm.<\/p>\n

The numbers underline why Strategy feels little pressure to rush into consolidation when its primary aim is accumulation.<\/p>\n

<\/p>\n

Phong Le, Strategy\u2019s CEO, warned that buying other firms often hides surprises. He said software M&A is \u201cvery difficult,\u201d and added that the same caution applies to purchases of Bitcoin treasury businesses.<\/p>\n

Those comments were made alongside Saylor\u2019s more guarded line that the company would not say \u201cnever\u201d to acquisitions, but that the current focus is clear and narrow.<\/p>\n

How The Market Is Looking At Strategy<\/p>\n

S&P Global Ratings last week gave Strategy a B- grade \u2013 or \u201cjunk\u201d rating<\/a> \u2013 placing the firm in a speculative, non-investment-grade slot.<\/p>\n

According to the rating agency\u2019s view, much of the company\u2019s Bitcoin hoard was not counted toward its equity, and that had an effect on the final score.<\/p>\n

Le suggested that credit metrics could change if Bitcoin is ever treated differently on corporate balance sheets \u2014 for example, if it were recognized as a capital asset \u2014 which would likely affect how ratings are assessed.<\/p>\n

The credit rating does not change what Saylor says drives the business. He pointed out that each Bitcoin purchase can be measured and shown to investors, which makes the firm\u2019s model predictable and transparent.<\/p>\n

That predictability is used by company leadership to argue that accumulation beats acquiring rivals right now.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Strategy Chairman Michael Saylor told investors that his company is not looking to buy peer Bitcoin treasury firms, saying such deals often take too long and carry too much uncertainty. Strategy\u2019s Focus Remains On Buying Bitcoin According to Strategy\u2019s third-quarter earnings call, Saylor said the company has \u201cno plans to pursue M&A\u201d even when a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-56007","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56007"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56007\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}