Strategy CEO: Company No Longer Has Net Debt Amid Growth in Bitcoin Holdings

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Strategy CEO Phong Le told Bloomberg on September 2 that the company now has zero net debt, despite not purchasing additional Bitcoin in recent months. Improvements to the company’s balance sheet reduced net debt from $7 billion to zero. Strategy now holds $720 billion in assets, including $650 billion in Bitcoin and $70 billion in cash—cash holdings up 34% over two months. Value investing in crypto remains a core focus, as on-chain trading signals continue to show strength. Strategy has recently resumed Bitcoin purchases after a two-month pause.

ChainThink reports that, according to a Bloomberg interview on September 2, Strategy CEO Phong Le stated that the company does not make decisions based on Bitcoin’s price; although no Bitcoin was purchased over the past two months, the company reduced its net debt from approximately $7 billion to zero by strengthening its balance sheet.

According to its disclosure, Strategy's assets currently amount to $72 billion, including $65 billion in Bitcoin and $7 billion in U.S. dollar reserves, with the dollar reserves increasing by 34% over the past two months.

Previous reports indicated that Strategy increased its Bitcoin holdings again last week, after a two-month pause.

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