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Latest News and Articles about Phong Le

Strategy Sells Bitcoin for First Time Since 2022, Citing Liquidity and Flexibility

Strategy, formerly MicroStrategy, has made its first Bitcoin sale since 2022, and CEO Phong Le says the move was driven by three practical reasons: protecting the company’s financial position, managing obligations, and preserving flexibility. For a firm that has become the poster child for corporate Bitcoin accumulation, that is a notable pivot — or at […]

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Strategy CEO Phong Le: When a Bitcoin Treasury Company Might Sell BTC

Strategy CEO Phong Le outlines conditions for selling Bitcoin is asking a question that Bitcoin purists hate and treasury managers need answered: under what conditions would a Bitcoin-heavy company actually sell some BTC? Strategy’s stance: Bitcoin is a reserve asset, not untouchable religious doctrine. The real issue: When does conviction give way to liquidity, debt, […]

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Basel III’s 1,250% Bitcoin Risk Weight Slammed as Innovation Killer by Strategy CEO

Basel III’s Bitcoin Blunder: Strategy CEO Slams 1,250% Risk Weight as Innovation Killer Bitcoin, the renegade of modern finance, has been hit with a regulatory sledgehammer under Basel III banking rules, sporting a jaw-dropping 1,250% risk weight for banks while traditional darlings like gold and US Treasuries sit pretty at 0%. Strategy CEO Phong Le […]

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