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Strategy's Phong Le Explains Why They Sold Bitcoin at $60K, Bought at $80K
Strategy sold 7,000 BTC and bought 4,603 BTC. CEO Phong Le says both were right trades. Here is the math on the 845,050 BTC stack.
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decrypt.co
'The Right Trade': Strategy CEO Has No Regrets Selling Bitcoin at $60K Before Buying Back Higher - Decrypt
Phong Le said Strategy’s cost of capital—not Bitcoin’s price—drove its decision to sell nearly 7,000 BTC before buying again above $80,000.
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news.bitcoin.com
Strategy's Phong Le Explains Why They Sold Bitcoin at $60K, Bought at $80K
Strategy sold 7,000 BTC and bought 4,603 BTC. CEO Phong Le says both were right trades. Here is the math on the 845,050 BTC stack.