Strategy CEO Phong Le: Bitcoin’s Market Fundamentals Are Still Rock-Solid

Bitcoin's core engine isn't sputtering—it's just hitting a patch of rough air. That's the take from Strategy CEO Phong Le, who argues the digital asset's foundational strengths remain unshaken despite recent price turbulence.

The Bedrock Beneath the Volatility

Forget the daily price charts that give traditional investors heartburn. Le points to the underlying network metrics—hash rate security, active address growth, and institutional adoption pipelines—as the true north for Bitcoin's value. These indicators, he suggests, are painting a far more bullish picture than short-term sentiment implies.

A Reality Check for the Skeptics

Sure, the market's been choppy. But choppy markets are where weak hands get shaken out and strong fundamentals get proven. Le's stance throws a challenge to the perennial doomsayers: judge the asset by its architecture, not just its latest quote on some exchange that probably still runs on COBOL.

The message cuts through the noise: Bitcoin was built for moments like this. Its fundamentals aren't just strong—they're getting stronger, quietly building the case for the next leg up while everyone else is busy watching the ticker.

TLDR

• Phong Le emphasizes Bitcoin’s strong fundamentals, despite recent price drop.
• US government and TradFi sector support Bitcoin integration, says Phong Le.
• Strategy CEO calls for methodical approach to short-term Bitcoin price action.
• Bitcoin’s market value remains strong, with major traditional players showing support.

Strategy CEO Phong Le has shared an optimistic outlook for Bitcoin in 2025, asserting that its market fundamentals are stronger than ever. Despite Bitcoin’s price taking a significant hit, declining nearly 30% from its October high of $125,100 to around $87,687, Le remains confident about the asset’s long-term potential. This comes as market sentiment, measured by the Crypto Fear & Greed Index, continues to show “Extreme Fear” in the crypto space since mid-December.

Le discussed his perspective during an interview on the Coin Stories podcast, explaining that while short-term price movements can be volatile, the fundamentals backing bitcoin remain solid. His comments underscore his belief that investors should focus on the long-term rather than reacting to short-term market fluctuations.

Bitcoin Price Decline and Market Sentiment

In recent months, Bitcoin’s price has experienced a notable decline. After reaching an all-time high of $125,100 in October, the cryptocurrency’s value has decreased by almost 30%. As of the publication date, Bitcoin’s market price stood at approximately $87,687. Alongside this price drop, the crypto Fear & Greed Index has registered “Extreme Fear” since December 12, a sign of negative sentiment prevailing in the market.

SENTIMENT IN BITCOIN IS THE WORST IVE SEEN IN 5 YEARS. BEARS ARE IN MY DMS. PEOPLE ARE MAD AT MICHAEL SAYLOR FOR THE ATM. EVERYONE IS ANGRY AND FIGHTING THAT Q4 WAS A FLOP. ENGAGEMENT IS AT AN ALL TIME LOW. ITS ABSOLUTE MADNESS. THIS IS THE BEST TIME TO BUY.

— The ₿itcoin Therapist (@TheBTCTherapist) December 24, 2025

Despite these short-term challenges, Le remains focused on the bigger picture. He pointed out that Bitcoin’s price movements are unpredictable, and they should not be the primary concern for long-term investors. “When you’re an investor, you think about the long term of the asset class,” he stated, stressing that it’s crucial to look beyond temporary fluctuations.

Strong Support from US Government and Traditional Finance Sector

One of the key factors contributing to Le’s Optimism is the growing support for Bitcoin from major global players, particularly in the United States. He noted that the US government has shown increasing support for Bitcoin, highlighting its role in strengthening the asset’s future. This backing from traditional financial institutions (TradFi) is a vital element in Bitcoin’s long-term growth.

Le revealed that he and Strategy’s executive chairman, Michael Saylor, have held discussions with traditional banks in both the US and UAE. These institutions, according to Le, are eager to integrate Bitcoin into their systems, demonstrating a shift towards broader institutional adoption. This involvement from traditional financial entities, he said, is an “extremely bullish” indicator for Bitcoin’s future.

Additionally, the US government’s strategic plans involving Bitcoin are gaining momentum. While the formal establishment of a Strategic Bitcoin Reserve and a US Digital Asset Stockpile has not been fully finalized, Le expressed confidence that the government is moving in a direction that will further strengthen Bitcoin’s position in the global economy.

Focus on Long-Term Strategies and Methodical Approach

Le emphasized that Bitcoin investors should approach the market methodically, particularly when it comes to short-term price changes. He referenced the importance of focusing on key metrics such as mNAV (market value compared to Bitcoin holdings) and strategic treasuries. By taking a data-driven approach, investors can better navigate Bitcoin’s unpredictable price action and position themselves for long-term success.

He also mentioned that Strategy has developed its Bitcoin treasury, a key component of the company’s strategy for managing the cryptocurrency’s market volatility. This focus on long-term sustainability, rather than day-to-day price movements, has been central to their investment philosophy.

Despite the current dip in Bitcoin’s market value and the prevailing “Extreme Fear” sentiment, Le remains bullish about the future. He believes that Bitcoin’s growing support from both government and traditional financial sectors will help pave the way for its continued growth in the coming years, particularly in 2025 and 2026.