Strategy CEO: Selling 7,000 BTC Was the "Correct Trade," Then Bought Back at a Higher Price
Source:
x.com
According to The Block, Strategy ($MSTR) CEO Phong Le stated that selling approximately 7,000 BTC previously at prices between $60,000 and $65,000 was the "right trade" to raise funds for preferred stock dividends. Subsequently, Strategy repurchased 4,603 BTC at an average price of $80,318, at a total cost of $369.7 million.