Huo Xing Cai Jing reports that on September 2, Strategy CEO Phong Le told Bloomberg, “We don’t make decisions based on Bitcoin’s specific price. So what have we done? Over the past two months, although we did not purchase Bitcoin, we strengthened our balance sheet. Currently, Strategy holds $72 billion in assets, including $65 billion in Bitcoin and $7 billion in U.S. dollar reserves—the dollar reserves having increased by 34% over the past two months. Meanwhile, Strategy has reduced its net liabilities from approximately $7 billion to zero. By strengthening our balance sheet, we have effectively increased our equity value, making it more profitable to sell MSTR and buy Bitcoin. This is the change that has occurred over the past few months. Now, we have a balance sheet that’s ‘bulletproof’—a ‘fortress’ balance sheet.” Previously, it was reported that Strategy resumed its Bitcoin purchases last week after a two-month pause.
Strategy CEO: Company's Net Debt Reduced to Zero, Balance Sheet Strengthened
MarsBitShare
Summary
On September 2, Strategy CEO Phong Le announced that the company’s net debt has fallen to zero, with $72 billion in assets, including $65 billion in Bitcoin and $7 billion in cash—a 34% increase. The company stressed that its decisions are not tied to Bitcoin’s price. On-chain data reflects growing confidence in Bitcoin’s value, while traders are also monitoring altcoins as the market evolves.
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