CEO Phong Le said the company built the position during a period of uncertainty across global markets and industries, highlighting Strategy’s unusually large exposure to Bitcoin.
Strategy has accumulated 4% of the world’s Bitcoin, CEO Phong Le said, framing the buildup as taking place while global markets and industries face uncertainty. The holding underscores the company’s outsized balance-sheet exposure to Bitcoin and its role as one of the most prominent corporate buyers of the asset, according to BitcoinTreasuries.