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    3. Strategy CEO Expects Strong Recovery After Bitcoin Bear Market

    Strategy CEO Expects Strong Recovery After Bitcoin Bear Market

    By: rootdata|2026/08/06 04:37:05
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    Strategy CEO Phong Le stated that despite selling Bitcoin and incurring valuation losses, the long-term strategy remains unchanged. He characterized the current market as a Bitcoin bear market and mentioned that after going through a similar trend as in the past, it will return stronger. Le analyzed that the Bitcoin downturn is more a result of macroeconomic conditions rather than asset issues, emphasizing that Strategy will withstand the market as it has in the past. Recently, Strategy sold 1,638 BTC for $10.47 million and purchased 912,143 shares of STRC preferred stock for $81.2 million. Since the beginning of the year, Strategy has sold 3,620 BTC, marking a shift from its previous stance of 'never selling.' However, Le stated that this adjustment does not change the overall Bitcoin strategy. In the second-quarter earnings announcement, he highlighted the importance of holding cash in U.S. dollars, revealing that Strategy currently holds approximately $3.75 billion in cash. Strategy still holds over 843,000 BTC, valued at about $58 billion at current prices. Although the performance has been sluggish, Le believes this adjustment is temporary and expressed confidence that once the Bitcoin bear market ends, they will outperform Bitcoin again.

    -- Price

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