Bitcoin

Strategy’s Phong Le Explains Why They Sold Bitcoin at $60K, Bought at $80K

Strategy sold roughly 7,000 bitcoin at $60,000 to $65,000 this summer, then bought 4,603 back at $80,318. CEO Phong Le says both trades were right, and the numbers behind that claim deserve a closer look. Sell Low, Buy High? Le Says That Is the Wrong Question This summer, Strategy sold about 7,000 BTC in the…

Strategy Inc Logo on a screen.Strategy sold roughly 7,000 bitcoin at $60,000 to $65,000 this summer, then bought 4,603 back at $80,318. CEO Phong Le says both trades were right, and the numbers behind that claim deserve a closer look. Sell Low, Buy High? Le Says That Is the Wrong Question This summer, Strategy sold about 7,000 BTC in the […]

Source: https://news.bitcoin.com/crypto-news/strategy-phong-le-sell-bitcoin-60k-buy-80k-math/