Michael Saylor Announces Bitcoin Security Program to Address Quantum Computing Risks

Strategy, formerly MicroStrategy and the largest publicly listed corporate holder of Bitcoin, has announced the launch of a Bitcoin Security Program aimed at addressing long-term risks posed by quantum computing. The initiative was disclosed by Executive Chairman Michael Saylor during the company's fourth-quarter 2025 earnings call on February 6, 2026 according to company disclosure.

Saylor described the program as a forward-looking effort to study and prepare for advanced computational threats that could challenge Bitcoin's cryptographic foundations in the future. While acknowledging that quantum computers capable of breaking Bitcoin's current encryption standards are not yet practical, he emphasized the importance of early research and coordination as reported.

The company reported a substantial quarterly loss tied directly to Bitcoin price declines and new fair-value accounting rules. The net loss of $12.4 billion in Q4 2025, or a diluted loss per share of $42.93, was driven by an unrealized $17.4 billion markdown on its Bitcoin holdings according to Q4 earnings data.

Why Did This Happen?

Strategy's Bitcoin Security Program was introduced amid growing concerns about the theoretical risks quantum computing poses to blockchain security. Quantum computers could potentially undermine cryptographic systems like the Elliptic Curve Digital Signature Algorithm used by Bitcoin according to analysis.

Saylor stressed that the initiative is not a reaction to an immediate threat but a proactive measure to ensure long-term network security. The program is expected to bring together experts from cybersecurity, cryptography, and the broader Bitcoin ecosystem to evaluate potential vulnerabilities as detailed in earnings commentary.

How Did Markets React?

The company's Q4 2025 results highlighted the volatility of its Bitcoin holdings under fair-value accounting. Strategy held 713,502 BTC at the end of the quarter, acquired at an average cost of about $76,052 per coin, leaving the position deeply underwater due to lower market prices according to market data.

Management emphasized that these valuation losses do not impact Strategy's liquidity or operational capacity. The company reiterated that its Bitcoin strategy remains long term in nature, with a continued focus on accumulation rather than short-term price movements as stated in earnings call.

What Are Analysts Watching Next?

Quantum computing is widely viewed as a theoretical threat to blockchain security. While most researchers estimate that such capabilities remain many years away, the prospect has driven increased discussion around post-quantum cryptography and future-proofing digital assets according to industry analysis.

Across the crypto industry, companies and researchers have begun exploring mitigation strategies, including quantum-resistant signature schemes and gradual migration paths that preserve network stability. Strategy's announcement reflects a growing recognition that addressing quantum risks is a long-term challenge requiring careful research, coordination, and timing as reported.

Saylor dismissed quantum computing concerns as part of what he called a "parade of horrible FUD" surrounding Bitcoin. He noted that quantum computing poses a risk not only to Bitcoin but also to the finance and defense industries reliant on traditional cryptography according to CEO commentary.

The company's Bitcoin Security Program aims to coordinate with the global cyber, crypto, and Bitcoin security communities to develop solutions. Saylor emphasized that Bitcoin is upgradable and will be upgraded to be stronger through global consensus as explained in earnings materials.

The program is part of Strategy's broader efforts to strengthen its position as the largest corporate holder of Bitcoin. The company raised over $25 billion in capital in 2025, making it the largest equity issuer among U.S. public companies for a second consecutive year according to financial reports.