Strategy CEO Defends $1.44-B Reserve: “It’s About Protecting Investor Confidence”
According to remarks made on CNBC’s Power Lunch, Strategy’s CEO Phong Le said the company moved quickly to calm investor fears after Bitcoin fell sharply. The firm announced a $1.44 billion US dollar reserve on Monday, raised through a stock sale. Related Reading: Gold Buys Hit New Highs — Is Bitcoin About To Join The … Continue reading Strategy CEO Defends $1.44-B Reserve: “It’s About Protecting Investor Confidence”
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