Strategy CEO: Sold 7,000 BTC for "correct trading," then repurchased at a high price
According to The Block, Strategy ($MSTR) CEO Phong Le stated that the previous sale of approximately 7,000 BTC at a price of $60,000 to $65,000 was the "right trade" made to raise preferred stock dividends.
Subsequently, Strategy repurchased 4,603 BTC at an average price of $80,318, totaling $369.7 million.
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