Phong Le said the company still aims to be a major long-term Bitcoin buyer despite recently selling more than $215 million of BTC.
Strategy President and CEO Phong Le said the company does not need to worry about its debt position unless Bitcoin falls to $10,000. He also said Strategy still intends to remain a major long-term buyer of Bitcoin, even after recently selling more than $215 million worth of BTC. The remarks frame the company's balance-sheet risk around a much lower Bitcoin price level while signaling that its broader accumulation strategy remains intact.