Strategy Doubles Down on Bitcoin with No Sell Plans Despite Price Targets
Strategy CEO Phong Le recently made statements regarding Bitcoin's bull market, indicating that his company has no plans to sell its BTC holdings. Speaking in an interview with Bloomberg, Le emphasized that Strategy will continue its long-term approach by increasing its balance sheet through regular BTC purchases.
The Strategy CEO stated that the company would make purchases even if Bitcoin reached $80,000, $90,000, or $100,000, and would not abandon its accumulation policy despite price fluctuations. He argued that Bitcoin's limited supply and increasing institutional adoption could provide long-term support for the price.
Le also noted that even purchases at levels as high as $130,000 could be considered reasonable retrospectively if Bitcoin were to reach $260,000. The company's aggressive accumulation policy sets it apart from traditional investors but increases its risk against declines in the BTC price.