Strategy CEO: Why sell BTC at $60K and buy back at $80K? On September 2, 2026, Strategy CEO Phong Le (@phongle) mentioned in an interview that the company had previously reduced its Bitcoin holdings in the $60K-$65K range, not solely based on price considerations. Over the past two months, Strategy brought its net debt down to zero while strengthening its balance sheet, making it more economically efficient to issue MSTR stock at a high premium and purchase Bitcoin. Phong Le stated that selling Bitcoin to support dividend expansion was the right strategy at the time, and now buying Bitcoin through stock issuance is equally reasonable. Source: Bloomberg