Strategy (formerly MicroStrategy) CEO Phong Le has reaffirmed his confidence in Bitcoin (BTC), calling it the United States of money, while his nearly $1 million investment in the companys STRC preferred stock has returned to break-even. According to a June 22 securities filing, Le purchased 11,000 STRC shares through his family trust at a weighted average price of $90.80 per share, totaling approximately $998,756. Rather than viewing the purchase as a short-term trade, Le described it as a long-term investment in Strategys preferred stock. STRC was created with a target value of $100 per… Read more
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