In short
Phong Le says that Strategy underestimated the impact of leverage when entering the STRC market.
The leveraged sale accelerated STRC’s drop from parity to about $75.
Strategy now prioritizes share buybacks instead of increasing STRC’s dividend.
Stronger USD reserves to reduce volatility and reassure investors
The CEO expects a complete rebound for STRC thanks to higher institutional ownership
Read the original article: The CEO of Strategy Phong Le reveals the only mistake behind STRC’s 25% drop by Lockridge Okoth on fr.beincrypto.com
