Sep 1, 2026
Strategy CEO defends selling Bitcoin at $60K before buying back at $80K
Strategy CEO Phong Le defended the company's decision to sell 6,948 BTC at around $60,000 this summer before resuming purchases at $80,318 per coin, calling both moves 'the right trade' to strengthen the balance sheet. The company has since acquired 4,603 BTC worth $370 million after a 10-week pause, bringing total holdings to 845,050 BTC.
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