Tag
#Phong Le
Crypto
Strategy STRC falls to $89, testing its bitcoin funding model
Strategy STRC closed at $89, lifting its effective yield and signaling investors want more reserve cushion behind Strategy's bitcoin funding model.
By Sloane Carrington
Crypto
Strategy bitcoin sale sends BTC below $71K, shares drop
Strategy bitcoin sale broke a years-long no-sell signal, sending BTC below $71,000 and dragging its shares down 5.85 per cent.
By Caleb Mwangi
Crypto
Strategy CEO Phong Le says bitcoin sales hinge on maths over equity
Strategy chief executive Phong Le told CNBC on Saturday that the company would sell part of its 818,334 bitcoin holding only when doing so proves more accretive to shareholders than issuing equity, outlining two specific conditions that mark a deliberate shift from its long-held refusal to sell.
By Caleb Mwangi
