MicroStrategy Repurchases Bitcoin at $80,000 After Selling at $60,000-$65,000
MicroStrategy has resumed Bitcoin purchases at the $80,000 level after previously selling holdings in the $60,000 to $65,000 range. CEO Phong Le stated that these strategic decisions are driven by the cost of capital rather than specific price targets, emphasizing the company's long-term commitment to its Bitcoin accumulation strategy.
Not investment advice.