Strategy CEO backs bitcoin sale at $60,000-$65,000 before $80,000 buys
Strategy CEO Phong Le said selling roughly 7,000 bitcoin at $60,000-$65,000 to fund capital costs, then resuming buying around $80,000, was the “right trade.”
Strategy CEO Phong Le brushed aside concerns over the company’s sale of roughly 7,000 bitcoin at $60,000-$65,000 before it resumed buying around $80,000, saying the trades were driven by capital costs rather than bitcoin’s price."It was the right trade at the time to sell bitcoin to fund some of ou…