Strategy CEO: We're Buyers of Bitcoin Long-Term
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Strategy Inc. has increased its cash reserves to $3 billion following a recent stock sale, allowing the company to temporarily halt Bitcoin sales between July 6 and July 12. Phong Le, Strategy President & CEO, explained that the company has evolved from a Bitcoin treasury firm into a comprehensive digital capital platform, currently holding over 840,000 Bitcoin. He speaks with Romaine Bostick & Katie Greifeld on "The Close."