Strategy CEO Defends Bitcoin Sale as Right Decision
Fong Le emphasizes the importance of flexible portfolio management in crypto assets.
1Major Bitcoin Sale
In August 2026, Strategy sold 3,328 BTC at an average price of $64,000. This significant portfolio adjustment occurred while the company held the position of largest corporate Bitcoin holder. According to Saylor Tracker data, the sales were completed in two separate transactions averaging $63,960 and $64,260.
2CEO's Justification
In his Bloomberg interview, Fong Le stated the decision was independent of price movements. "We make decisions based on company strategy, not Bitcoin price," explained Le, revealing these funds financed preferred stock dividends. He characterized the timing as "the right transaction at that moment."
3New Buying Wave
After a 10-week purchasing pause, Strategy added 4,603 BTC to its portfolio at an average of $80,318 in late August. This move increased the company's average acquisition cost to $75,678. With Bitcoin currently trading around $76,500, the portfolio remains in profitable territory.
4Two-Way Strategy
Fong Le announced the company has moved beyond the one-way "HODL" strategy. "There will be times when selling Bitcoin makes sense," said the CEO, arguing that dynamic asset management demonstrates operational maturity. This approach also responds to debates about MSCI index criteria.
5Crypto Treasury Index Debate
Strategy's flexible management model appears as a strategic move against MSCI's efforts to remove crypto-holding companies from its indexes. "Companies that only accumulate assets aren't fully operational structures," Le explained, revealing the logic behind this policy.
6Adapting to Market Conditions
The CEO's statements show Strategy has adopted management principles that quickly adapt to market conditions. Despite Bitcoin's volatility, the company maintains its mid-term financial targets. This approach signals transparency to institutional investors.
7Preferred Stock Dynamics
Using sale proceeds to finance preferred dividends demonstrates Strategy's capital structure management skills. The company achieves two-way capital mobility by selling MSTR shares at a premium to buy Bitcoin. This model creates a new financial management example for crypto-focused companies.
8Milestone in Corporate Crypto Management
Strategy's flexible asset management model has potential to set new standards for institutional crypto investors. Moving beyond traditional "buy and hold" strategies, this approach contributes to market liquidity while offering operational flexibility. Analysts interpret Fong Le's statements as heralding a new era in corporate crypto management.
Original article: INCRYPTED — Strategy CEO'su Bitcoin Satışını Doğru Karar Olarak Savundu