POPA ReconStrategy: Bitcoin purchases will resume later this year
Strategy: Bitcoin purchases will resume later this year According to FOX Business, Strategy CEO Phong Le revealed that the company plans to resume Bitcoin accumulation later this year, despite the recent sell-off of some of its holdings that attracted market attention. Le revealed that Strategy has purchased about 175,000 Bitcoins and sold about 7,000 BTC since the beginning of this year, pointing out that the purchase size is about 25 times larger than the sale size. He emphasized that the proceeds from the recent sale were used to support preferred stock dividends, buy back shares, and…
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