Strategy CEO: No need to consider debt until Bitcoin falls below $10,000 Phong Le, President and CEO of Strategy @phongle, stated that despite recently selling over $215 million in BTC, the company plans to remain a long-term primary buyer of Bitcoin and will not exit. He noted that the company would only need to consider debt-related risks if BTC drops to approximately $8,000 to $10,000, as its balance sheet remains relatively secure. Last week, Strategy also raised approximately $467 million through the sale of common shares, increasing its cash reserves to about $3 billion. Source: Bloomberg Television
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