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Strategy CEO: “Capital Costs, Not Price, Are the Criterion for Buying Bitcoin”

BeInCrypto +1 ·

STRC Strategy Inc - VR PRF PERPETUAL USD 100 - Ser A
$96.80 -0.31%
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  1. 1Strategy (MSTR) has resumed its Bitcoin purchases. CEO Phong Le said the criterion is capital costs, not the price.
  2. 2The resumption follows 10 weeks of balance-sheet strengthening; it buys only when the cost of raising equity or debt is lower than Bitcoin’s expected return.
  3. 3Le said he would keep buying even at $130,000, and is also fighting MSCI’s planned exclusion of bitcoin-holding companies, a decision due on October 16.

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