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'The Right Trade': Strategy CEO Has No Regrets Selling Bitcoin at $60K Before Buying Back Higher

DecryptWednesday, September 2, 2026 at 7:15 PM

RedScroll Brief

'The Right Trade': Strategy CEO Has No Regrets Selling Bitcoin at $60K Before Buying Back Higher
Image via Decrypt

Phong Le said Strategy’s cost of capital—not Bitcoin’s price—drove its decision to sell nearly 7,000 BTC before resuming purchases above $80,000.

RedScroll Signal

Impact
High
Category
Crypto
Market relevance
High
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk. Phong Le said Strategy’s cost of capital—not Bitcoin’s price—drove its decision to sell nearly 7,000 BTC before resuming purchases above $80,000. Watch liquidity and volatility around Bitcoin and The Right Trade — crypto markets reprice narrative risk quickly.
Read original source → DECRYPTEdition 2026-09-02

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

Phong Le said Strategy’s cost of capital—not Bitcoin’s price—drove its decision to sell nearly 7,000 BTC before resuming purchases above $80,000.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

Decrypt reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. Decrypt published: 'The Right Trade': Strategy CEO Has No Regrets Selling Bitcoin at $60K Before Buying Back Higher

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Bitcoin and The Right Trade — crypto markets reprice narrative risk quickly.

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Source

Decrypt

Original reporting by Decrypt. RedScroll provides an extractive briefing only.