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Strategy Holds $65B in Bitcoin, Total Assets Reach $72B, Net Debt Reduced to Zero

OdailyOdaily
ONGUSDT--

Odaily News: In an interview, Strategy CEO Phong Le stated that Strategy does not make decisions based on the specific price of Bitcoin. Over the past two months, Strategy has not purchased Bitcoin but has strengthened its balance sheet. Currently, Strategy's total assets stand at $72 billion, including $65 billion in Bitcoin and $7 billion in dollar reserves, which have increased by 34% over the past two months. Meanwhile, Strategy has reduced its net debt from approximately $7 billion to zero. Phong Le said that by strengthening its balance sheet, Strategy has enhanced its equity value and made selling MSTR and buying Bitcoin more profitable. Previously, Strategy resumed buying Bitcoin last week after a two-month hiatus.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.