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      Strategy CEO: Why Sell Bitcoin at $60,000 and Buy It Back at $80,000?On September 2, 2026, Strategy...

      Strategy CEO: Why Sell Bitcoin at $60,000 and Buy It Back at $80,000?On September 2, 2026, Strategy CEO Phong Le phongle said in an interview that the company’s previous Bitcoin sales in the $60,000 to $65,000 range were not based solely on Bitcoin’s price. Over the past two months, Strategy strengthened its balance sheet and reduced net debt to zero, making it more economically attractive to issue MSTR shares at a premium and use the proceeds to buy Bitcoin. Phong Le said both the earlier Bitcoin sale and the current Bitcoin purchases were the right strategies for their respective circumstances.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud