Strategy (MSTR) Stock: CEO Breaks Silence on Bitcoin Sales and What Comes Next
TLDR
- Strategy CEO Phong Le confirmed the company plans to resume buying Bitcoin before the end of 2026.
- Strategy holds 840,447 BTC after selling 1,690 BTC between Aug. 3–9 for $108.6 million.
- The company has bought roughly 25 times more BTC than it has sold this year.
- Proceeds from recent sales funded STRC preferred stock repurchases and dividend payments.
- Strategy’s US dollar reserve has grown to $4.65 billion as of Aug. 9.
Strategy CEO Phong Le told FOX Business on Monday that the company will resume accumulating Bitcoin later this year, following a string of sales that raised questions about its long-held approach to holding BTC.
Strategy CEO Phong Le: Company to Resume Bitcoin Purchases Later This Year
According to FOX Business, Strategy CEO Phong Le stated that the company plans to resume accumulating Bitcoin later this year, despite recent sales of portions of its holdings that drew market scrutiny.… pic.twitter.com/iHhsP6ZmyT
- Wu Blockchain (@WuBlockchain) August 12, 2026
Le said Strategy has purchased around 175,000 Bitcoin since January while selling roughly 7,000 BTC, making it a net buyer by a ratio of about 25 to one.
… Continue reading the full article at the original source below.
