POPA ReconStrategy CEO Phong Le: Company to Resume Bitcoin Purchases Later This Year
Strategy CEO Phong Le: Company to Resume Bitcoin Purchases Later This Year According to FOX Business, Strategy CEO Phong Le stated that the company plans to resume accumulating Bitcoin later this year, despite recent sales of portions of its holdings that drew market scrutiny. Le noted that Strategy has purchased around 175,000 Bitcoin since the beginning of the year while selling roughly 7,000 BTC, making its buying volume about 25 times greater than its sales. He emphasized that proceeds from recent sales were used to support preferred stock dividends, share repurchases, and US dollar reser…
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