Strategy CEO Makes Statements About the Bull Market, Says They Have No Plans to Sell BTC! Here Are the Details

Strategy CEO Phong Le said Bitcoin is entering a strong bull market and the company has no plans to sell its $BTC holdings. Speaking in an interview with Bloomberg, Le stated that Strategy will continue its Bitcoin accumulation strategy and may continue buying even if the price rises.

Le stated that the company would continue to make purchases even if Bitcoin reached $80,000, $90,000, $100,000, or $130,000. The Strategy CEO said that if Bitcoin were to reach $260,000 in the future, investors would still consider purchases made at the $130,000 level as a successful investment in retrospect.

Strategy is known as one of the largest companies that places Bitcoin at the center of its institutional treasury strategy. The company maintains its long-term approach by increasing the amount of Bitcoin on its balance sheet through regular $BTC purchases. Phong Le’s recent statements also indicate that Strategy will not abandon its Bitcoin accumulation policy despite price fluctuations.

The company’s decision not to sell Bitcoin is based on the expectation that the crypto asset will appreciate in value in the long term. Strategy management argues that Bitcoin’s limited supply, as well as increasing institutional adoption, could provide long-term support for the price.