[Strategy CEO Says Bitcoin Needs to Drop to $8,000 and Stay There for 5-6 Years to Impact Balance Sheet] On February 6, Strategy CEO Phong Le stated that only if Bitcoin's price drops to $8,000 and remains at that level for five to six years will the company's balance sheet be affected. Meanwhile, Strategy Executive Chairman Michael Saylor dismissed concerns about quantum computing posing a threat to Bitcoin, calling such concerns FUD.