Strategy CEO Michael Saylor is confident in the company’s ability to manage credit risk if bitcoin continues to fall. Saylor plans to keep accumulating the cryptocurrency, stating they would refinance debt if necessary. Bitcoin is down 9% to $68,970.45, prompting investors to reassess its utility.

Strategy holds 714,644 bitcoins valued at $49 billion, making it the largest corporate owner. Saylor confirmed the firm has enough cash reserves to cover dividends for two-and-a-half years. Despite a 2% drop in stock price after bitcoin dipped below $70,000, Strategy remains committed to buying bitcoin every quarter.

Read more at CNBC: Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’