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Kevin Helms

Strategy CEO Phong Le Reiterates Plan to Grow Net Bitcoin After 32 BTC Sale

On June 7, Strategy (Nasdaq: MSTR) CEO Phong Le said the firm's corporate strategy remains focused on increasing net bitcoin and bitcoin per share, rejecting speculation that its approach has changed. The remarks followed Strategy's sale of 32 BTC for approximately $2.5 million to help fund preferred stock dividends, a move that drew scrutiny despite the company holding 843,706 BTC.