Strategy CEO defends $60K Bitcoin sale, $80K repurchase amid $7B debt reduction
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🚨 Strategy sold 7,000 BTC near $60,000 for preferred dividends, then repurchased at $80,000.
💰 Net debt dropped from $7 billion to zero, with reserves rising to $7 billion.
📈 Strategy now holds $65 billion in $BTC, making up the bulk of its $72 billion assets.
🛡️ The company opposes MSCI’s proposal to remove Bitcoin-holding firms from indexes.
Continue Reading:Strategy CEO defends $60K Bitcoin sale, $80K repurchase amid $7B debt reduction
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