Strategy CEO says selling bitcoin at $60,000 before buying at $80,000 was the ‘right trade’

Strategy CEO said selling bitcoin at $60,000 and later buying at $80,000 was the "right trade," framing the moves as consistent with their risk-management and portfolio objectives rather than a simple market-timing error. The CEO defended the sequence as a deliberate tactical allocation decision driven by liquidity and mandate considerations. Implication for Bitcoin: institutional trading priorities like rebalancing and liquidity management can override buy-the-dip narratives, contributing to short-term volatility and signaling that professional flows materially influence market dynamics.