CEO Strategy: Sell BTC at 60,000 USD then Buy Back at 80,000 USD is “the right trade”
- Strategy CEO Phong Le defends the decision to sell Bitcoin at 60,000 USD and then buy it back at 80,000 USD.
- He calls it “the right trade,” citing the company’s cost of capital.
- Specific details about the cost of capital have not been provided in the RSS bulletin.
- The story reflects a capital-management strategy amid major BTC price fluctuations.
#BinanceSquare #CryptoNews #BTC
$btc
#vlikevn #Titanbot
Source: The Block
- Strategy CEO Phong Le defends the decision to sell Bitcoin at 60,000 USD and then buy it back at 80,000 USD.
- He calls it “the right trade,” citing the company’s cost of capital.
- Specific details about the cost of capital have not been provided in the RSS bulletin.
- The story reflects a capital-management strategy amid major BTC price fluctuations.
#BinanceSquare #CryptoNews #BTC
$btc
#vlikevn #Titanbot
Source: The Block