Hoang Phong Le

researcher (ORCID 0000-0001-9809-3134)

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business Jun 11, 2026, 4:46 AM
Institutional investors remain unfazed by Bitcoin sale, says Strategy CEO
  • Phong Le, CEO of Strategy Inc., stated that the recent sale of 32 Bitcoin was to test company processes.
  • The sale caused a market panic, leading to a significant drop in Bitcoin's price and Strategy's stock value.
  • Le emphasized that institutional investors remain unfazed by the sale, contrasting their views with those of retail investors.
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