Saylor Doubles Down on Bitcoin Holdings | CoinDesk Daily

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4.7 • 698 Ratings

🗓️ 11 February 2026

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

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Summary

Michael Saylor dismissed concerns of forced Bitcoin sales, confirming that Strategy added 1,142 BTC to its 700,000-coin stack despite market volatility. Meanwhile, Sam Bankman-Fried is seeking a trial "reset" through a new motion citing the absence of key testimony. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily" from Consensus Hong Kong. - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

Transcript

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0:00.0	Let's now take a look at some of the top news headlines today.
0:03.6	Sam Bankman-Freed's mom filed the ex-CEO's latest request to clear his name in court with the former leader of FTX
0:10.2	seeking another U.S. trial since being convicted and sentenced to 25 years in prison.
0:15.8	Bankman-Freed has been continually challenging his situation in court.
0:19.6	This latest motion claims new evidence would justify a reset.
0:23.2	It also noted the absence of testimony from key figures like Ryan Salami,
0:27.0	who fought his own separate legal battle.
0:29.7	Moving on to our second story now, Michael Saylor said concerns that strategy will be forced to sell Bitcoin
0:36.6	amid price declines are unfounded and reiterated.
0:40.0	The company has no plans to stop further acquisitions of the asset.
0:43.5	Last week, the company added 1,142 Bitcoin to its holdings for roughly $90 million.
0:48.6	The company's total stack now stands at just above 700,000 coins.
0:56.8	And our last story today, shares of coin are down nearly 30% this year, with JP Morgan analysts warning that softer trading and crypto prices
1:02.0	are likely weighing on revenue. The bank cut its December 2026, 2025, sorry, price target to
1:09.0	$290 from 339 ahead of fourth quarter earnings.
1:14.7	JPMorgan analyst Ken Worthington remains bullish on the stock
1:17.7	and his reduced target still suggests a 75% upside from coin's current price of $163.
1:24.7	Those are your top headlines for the day.
1:27.1	Get all of your latest news updates at coindex.com.

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