Strategy to initiate a Bitcoin security program addressing quantum uncertainty

What to know

• Strategy plans to initiate a Bitcoin security program signals a more formal effort to coordinate with the global cyber, crypto, and bitcoin security community.
• Strategy positioned quantum computing as a long term challenge rather than an immediate threat.
• Shares are up 5% in pre-market trading, after plunging 17% on Thursday.

Quantum computing is moving from theory to long term strategic consideration, and Strategy (MSTR) has made it clear it intends to be proactive rather than reactive during the company's Q4 earnings call on Thursday.

Strategy, the largest corporate holder of bitcoin, plans to initiate a bitcoin security program to coordinate with the global cyber, crypto, and bitcoin security community.

The company addressed growing discussion around quantum risk and reaffirmed its commitment to bitcoin security, framing quantum not as an immediate threat but as a future engineering challenge the network can prepare for.

Strategy reported a net loss of $12.4 billion for the quarter. Shares fell 17% on the day, trading as low as $104, but market focus quickly shifted to executive chairman Michael Saylor’s commentary.

Saylor revisited a long list of historical Bitcoin FUD (fear, uncertainty and doubt) that the network has already overcome quantum concerns, while acknowledging that quantum deserves serious long term planning.

The company outlined a range of key points on quantum computing, predicting that quantum technology is likely more than a decade away and pointing out that the Bitcoin community is already researching quantum-resistant cryptography.

Shares are up 6% in pre-market trading as bitcoin has rebounded to $65,000.

MSTR Earnings call (MSTR)