Strategy CEO says Bitcoin buys depend on STRC rebound
Covered by 2 sources · 2 articles
2 outlets - including Crypto and Cryptopolitan - are covering this story. Strategy CEO Phong Le has tied the company’s next Bitcoin purchase to STRC returning to its $100 par value as the preferred stock trades near $87. Bloomberg reported that Le plans to resume issuing STRC shares once the security, known…
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Strategy CEO Phong Le ties new Bitcoin buys to STRC rebound
Strategy CEO Phong Le has tied the company’s next Bitcoin purchase to STRC returning to its $100 par value as the preferred stock trades near $87. Bloomberg reported that Le plans to resume issuing STRC shares once the security, known…
Strategy CEO says Bitcoin buys depend on STRC rebound
Phong Le, CEO of Strategy CEO, said on Tuesday that it is not planning to start purchasing bitcoin until its Stretch preferred stock reaches the $100 mark. It will re-evaluate its debt risk position only when the price of Bitcoin drops to $…