BUSINESSAug 3 · 21:21 UTCBITCOIN MAGAZINEMathew Di Salvo

‘We’ll Get Through This Bear Market,’ Says CEO of Bitcoin Treasury Company Strategy

Strategy's CEO Phong Le stated the company will navigate the current Bitcoin bear market by actively managing its capital structure. The Nasdaq-listed firm sold 1,638 Bitcoins and repurchased shares, holding 842,138 Bitcoins worth $53.8 billion as its largest corporate Bitcoin stash.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Phong LepersonBitcoin Treasury Company StrategyorganizationBitcointopicNasdaqorganization

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSJun 29 · 15:49 UTC
Strategy may sell up to $1.25 billion in Bitcoin to calm investor jitters
BUSINESSMay 18 · 12:41 UTC
Strategy (MSTR) Spends A Massive $2 Billion on More Bitcoin, Lifts Holdings to 843,738 BTC
BUSINESSJun 1 · 17:45 UTC
Strategy Sold 32 Bitcoin… And That’s a Good Thing.
BUSINESSJun 1 · 18:20 UTC
Strategy's BTC sale turns Bitcoin treasury into market stress test
BUSINESSMay 9 · 21:21 UTC
Strategy CEO Phong Le says company will sell BTC only in specific cases