Strategy CEO Defends Bitcoin Sale, Cites Cost of Capital

2026-09-04

Phong Le, CEO of Strategy, stated the firm sold nearly 7,000 Bitcoin at approximately $60,000, not due to price forecasts but as a strategic decision based on its cost of capital. The firm later repurchased Bitcoin at prices exceeding $80,000.

Source: Decrypt

Reported by VERA Newswire.