đš STRATEGY: Selling $BTC at $60K & Buying at $80K Were BOTH the Right Moves?
Strategy CEO Phong Le says Bitcoinâs price isnât the main factor behind the companyâs decisions â the cost of capital is. đ°
Strategy sold around 7,000 BTC at $60Kâ$65K to help fund preferred dividends, then resumed buying around $80K.
Hereâs the bigger picture đ
Over the past two months, Strategy has reduced its roughly $7B net debt to ZERO and built about $7B in USD reserves, strengthening its balance sheet.
Le says Strategy could keep buying Bitcoin at $90K, $100K â or even $130K if the economics remain attractive. đ
The message is simple: Price isnât everything. Economics matter.
#Bitcoin #BTC #Strategy #crypto
Strategy CEO Phong Le says Bitcoinâs price isnât the main factor behind the companyâs decisions â the cost of capital is. đ°
Strategy sold around 7,000 BTC at $60Kâ$65K to help fund preferred dividends, then resumed buying around $80K.
Hereâs the bigger picture đ
Over the past two months, Strategy has reduced its roughly $7B net debt to ZERO and built about $7B in USD reserves, strengthening its balance sheet.
Le says Strategy could keep buying Bitcoin at $90K, $100K â or even $130K if the economics remain attractive. đ
The message is simple: Price isnât everything. Economics matter.
#Bitcoin #BTC #Strategy #crypto
