Strategy CEO Phong Le: Will not make decisions based on the specific BTC price.
Over the past two months, Strategy has not bought any Bitcoin, but has strengthened its balance sheet:
• Total assets: $72 billion
• Bitcoin holdings: $65 billion
• U.S. dollar reserves: $7 billion (up 34% over two months)
• Net liabilities reduced from about $7 billion to 0
Strengthening the balance sheet has increased shareholder value, making it more attractive to sell MSTR and buy BTC. Last week, Strategy increased its holdings again for the first time in two months.
$BTC $MSTR
Over the past two months, Strategy has not bought any Bitcoin, but has strengthened its balance sheet:
• Total assets: $72 billion
• Bitcoin holdings: $65 billion
• U.S. dollar reserves: $7 billion (up 34% over two months)
• Net liabilities reduced from about $7 billion to 0
Strengthening the balance sheet has increased shareholder value, making it more attractive to sell MSTR and buy BTC. Last week, Strategy increased its holdings again for the first time in two months.
$BTC $MSTR