Strategy CEO: Selling 7,000 BTC is part of capital scheduling and does not mean the company is bearish.
Strategy CEO Phong Le was interviewed by Bloomberg TV in early September, explaining the company’s sale of approximately 7,000 Bitcoin at prices between $60,000 and $65,000. The purpose of the sale was to pay dividends on Stretch preferred stock, and the decision was based on a capital costs framework rather than a directional judgment about Bitcoin’s offer price. Phong Le Interview: Decision Basis for Selling 7,000 Bitcoin Phong Le stated on Bloomberg TV that selling approximately 7,000 Bitcoin