Strategy CEO States Company Net Debt Has Dropped to Zero
Strategy CEO Phong Le stated that the company will not make decisions based on Bitcoin prices. Over the past two months, Strategy has strengthened its balance sheet, currently holding $72 billion in assets, including $65 billion in Bitcoin and $7 billion in USD reserves, with USD reserves increasing by 34% during this period. At the same time, Strategy has reduced its net debt from approximately $7 billion to zero, enhancing equity value and making the sale of MSTR and the purchase of Bitcoin more profitable.
-- Price
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