Strategy CEO Phong Le called Bitcoin (BTC) the “United States of money,” as on-chain tracker Arkham said his roughly $1 million bet on the firm’s Stretch preferred stock (STRC) has returned to break-even. According to BeInCrypto, a June 22 filing shows Le bought 11,000 STRC shares via his family trust at a weighted-average $90.80, below the stock’s stated $100 par value, and said he would hold until it reaches par.
Strategy has raised STRC’s annual dividend to 12% from 9% at its July 2025 debut to support the peg, while the preferred-stock stack is worth more than $13 billion. Le runs Strategy, the largest corporate Bitcoin holder at 818,334 BTC.
Strategy CEO Phong Le Calls Bitcoin the ‘United States of Money’
2026-07-05 01:27:58
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