Strategy CEO defends Bitcoin sale before asset rise

In early August 2026, Strategy sold 3328 BTC at an average price slightly above 64000 dollars, according to Saylor Tracker. Following this, Bitcoin experienced a sharp increase, but CEO Fong Le considers the sale a correct decision. In an interview with Bloomberg Television, he stated that capital management does not depend on Bitcoin's price fluctuations. He explained that the sale was intended to finance part of the dividend payments for their preferred instruments. After a 10-week pause, Strategy resumed purchases, acquiring 4603 BTC at an average price of 80318 dollars. The overall average cost for their portfolio stands at 75678 dollars. At the time of writing, Bitcoin trades at 76500 dollars, indicating unrealized profits for Strategy's portfolio. Fong Le emphasized that their strategy is two-sided, allowing for both buying and selling of Bitcoin, which he believes is essential for a fully operational company. He also addressed concerns regarding MSCI benchmarks, as Strategy opposes the removal of cryptocurrency from indices.