Strategy May Sell Bitcoin, Bitcoin Prices at Risk

Strategy, a software company with significant bitcoin holdings, hints at potential sale due to stock market decline. CEO Phong Le suggests selling if market value drops below bitcoins value, a scenario now nearly met. Michael Saylor, a prominent crypto advocate, reassures no lack of commitment, emphasizing rational decision-making for shareholders. Strategy also buys more bitcoin, allocates funds for dividends and debt, and revises lower bitcoin price estimates for 2025.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.