CoinScoopMicroStrategy CEO Defends Bitcoin Trading Strategy Amid MSCI Index Dispute
MicroStrategy CEO Phong Le clarified that the company's Bitcoin trading decisions are based on cost of capital rather than absolute price, following recent sales and repurchases. The firm also formally opposed an MSCI proposal that would exclude non-operating companies from the Global Investable Market Index, arguing that its Bitcoin operations are recognized under US GAAP.
Summaries are written by AI from the original article. Not investment advice.