Strategy CEO defends selling BTC at $60K, buying at $80K
macro
Strategy's CEO defended selling BTC near $60k and repurchasing around $80k as tactical portfolio and liquidity management rather than a signal of long‑term bearishness. He framed the trades as driven by client flows, rebalancing and execution or hedging constraints. For Bitcoin, this highlights that institutional trading driven by mandates and liquidity needs can amplify short‑term volatility and may reflect operational priorities over pure buy‑and‑hold conviction.
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