PANews reported on September 30th that Michael Saylor, according to Bloomberg, is unfazed by the shrinking premium his digital asset treasury firm, Strategy Inc., has long enjoyed on its Bitcoin holdings. Strategy's stock price has fallen approximately 20% since June, while Bitcoin has risen approximately 6% to a record high. This underperformance has led critics to question the effectiveness of Saylor's pioneering buy-and-hold cryptocurrency strategy. "I'm not overly concerned," Saylor said in an interview on Monday. "The reality is that as our leverage increases and Bitcoin volatility rises, the premium widens. And when volatility decreases and our leverage decreases, the premium sometimes shrinks. The market is still trying to digest this new business model, and the concept of a Bitcoin treasury company has only gradually emerged in the past year or so."PANews reported on September 30th that Michael Saylor, according to Bloomberg, is unfazed by the shrinking premium his digital asset treasury firm, Strategy Inc., has long enjoyed on its Bitcoin holdings. Strategy's stock price has fallen approximately 20% since June, while Bitcoin has risen approximately 6% to a record high. This underperformance has led critics to question the effectiveness of Saylor's pioneering buy-and-hold cryptocurrency strategy. "I'm not overly concerned," Saylor said in an interview on Monday. "The reality is that as our leverage increases and Bitcoin volatility rises, the premium widens. And when volatility decreases and our leverage decreases, the premium sometimes shrinks. The market is still trying to digest this new business model, and the concept of a Bitcoin treasury company has only gradually emerged in the past year or so."