Morning Minute: Strategy CEO Says Selling The Bottom Was Correct Move

GM!

Today’s top news:

• Crypto majors rebound 1-3% as bonds cool; BTC at $77.9k
• BTC ETF inflows flip positive with $100M; ETH ETFs break 3-week inflow streak
• Kraken parent Payward pushes IPO to Q2 2027 at earliest
• Binance records $1B in stablecoin inflow in August, reversing 2026 trend
• PONS soars 40% and enters top 100 coins by market cap

$78.1k$77.6k$77.1k$76.6k

24h HighHigh$78,061

24h LowLow$76,591

VolVol$883.0M

Market projectionsOdds by Myriad

🔁 Strategy CEO Says Selling The Bottom Was Correct Move

Strategy sold 6,916 BTC across four tranches from late June through mid-August at a weighted average near $62,200. Last week it bought 4,603 BTC at an average of $80,318. CEO Phong Le went on Bloomberg Crypto on Wednesday and said both were the right call.

His argument is that Bitcoin’s price wasn’t the input. The company sold to fund STRC dividends when issuing shares had gotten expensive, and it’s buying now because MSTR trades at a premium again. During the two-month pause it took assets to $72 billion, built roughly $7 billion in dollar reserves, and cut net debt from about $7 billion to zero. A stronger balance sheet makes equity cheaper to issue, which makes buying Bitcoin with it work.