Holding 650 Billion in Bitcoin, Strategy's Total Assets Reach 72 Billion with Net Debt Reduced to Zero

Odaily reported that Strategy CEO Phong Le stated in an interview that Strategy does not make decisions based on the specific price of Bitcoin. Over the past two months, Strategy has not purchased Bitcoin but has strengthened its balance sheet. Currently, Strategy's total assets stand at 72 billion USD, including 65 billion USD in Bitcoin and 7 billion USD in dollar reserves, with dollar reserves increasing by 34% over the past two months. At the same time, Strategy has reduced its net debt to zero from approximately 7 billion USD previously. Phong Le said that by strengthening its balance sheet, Strategy has enhanced its equity value, making it more profitable to sell MSTR and buy Bitcoin. Earlier, after a two-month hiatus, Strategy resumed purchasing Bitcoin last week.