Crypto
Strategy CEO says no balance sheet worry unless bitcoin breaks below $10,000
Strategy CEO Phong Le said the company has no financial problems unless bitcoin falls to $8,000 to $10,000, calling the range a key defence line for balance sheet stability. The company holds 840,000 bitcoin and has built a $3 billion dollar reserve. Le said the reserve supports its preferred stock STRC, which pays a 13 percent annual dividend and funds further bitcoin purchases.
