MSTR CEO: Underestimation of Market Valuation of Company's Dollar Reserves, Using Reserves to Repay Convertible Bonds Led to STRC Decline

Odaily Planet Daily reported that MSTR CEO Phong Le admitted that the company underestimated the market's valuation of its dollar reserves. He explained that using dollar reserves to repay convertible bonds triggered market concerns and led to the decline of STRC. (Bitcoin News)