Strategy CEO Predicts Bitcoin Bull Market, Vows to Keep Buying
Strategy CEO Phong Le believes that Bitcoin has entered a strong bull market and the company will continue to accumulate BTC. In an interview with Bloomberg, Le stated that Strategy would not abandon its Bitcoin accumulation policy despite price fluctuations.
The company's decision to hold onto BTC is based on the expectation of long-term appreciation in value due to the limited supply and increasing institutional adoption. Le emphasized that even purchases at high prices like $130,000 could be considered reasonable if Bitcoin were to reach $260,000 in the future.
Strategy's aggressive accumulation policy sets it apart from traditional institutional investors, but also increases its balance sheet risk against declines in BTC price. Despite this, Le has given no indication that the current strategy will change.