Strategy CEO Defends $1.44-B Reserve: “It’s About Protecting Investor Confidence”
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to remarks made on CNBC’s Power Lunch, Strategy’s CEO Phong Le said the company moved quickly to calm investor fears after Bitcoin fell sharply. The firm announced a $1.44 billion US dollar reserve on Monday, raised through a stock sale. The...
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