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#Phong Le

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Strategy Reports $19.5B Q3 Profit on Bitcoin Gains as MSTR Slips 2.5% After Hours
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Strategy Reports $19.5B Q3 Profit on Bitcoin Gains as MSTR Slips 2.5% After Hours

Key Highlights: Strategy expanded its Bitcoin treasury to 848,517 BTC valued at roughly $68.9 billion, while executing select sales to finance preferred dividends and share buybacks. The company repurchased $2.04 billion of its STRC preferred stock, boosted total U.S. dollar reserves to $5.07 billion, and announced a shift toward daily dividend accruals. CFO Andrew Kang ...

Strategy CFO Resigns Despite Record Quarterly Profit as MSTR Stock Falls 6%
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Strategy CFO Resigns Despite Record Quarterly Profit as MSTR Stock Falls 6%

Key Highlights: Strategy Chief Financial Officer Andrew Kang resigned for personal reasons, with his departure effective Nov. 5, remaining in an advisory role through Dec. 31. Executive Vice President of Operations Reza Virasteh will step into the CFO position on Jan. 1, sharing co-principal financial officer duties alongside President and CEO Phong Le. The executive ...

‘More bullish on Bitcoin’ – Strategy Drives 91% of Corporate BTC Buying
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‘More bullish on Bitcoin’ – Strategy Drives 91% of Corporate BTC Buying

Key Highlights Corporate Bitcoin accumulation reached 193,000 BTC net in 2026, with Strategy acquiring 175,000 BTC, accounting for roughly 91% of total business treasury acquisitions. Miners offloaded 33,000 BTC as some operators pivot to artificial intelligence, partially offsetting purchases from firms such as Strategy, Strive, and Robinhood. Strategy CEO Phong Le reaffirmed the enterprise’s long-term ...

Strategy Pays $100M Premium to Repurchase Bitcoin It Previously Sold
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Strategy Pays $100M Premium to Repurchase Bitcoin It Previously Sold

Key Highlights Strategy (formerly MicroStrategy) incurred a $100.2 million opportunity cost after selling 6,948 BTC at an average of $62,150 in summer 2024 and repurchasing 5,553 BTC at an average of $80,207 this autumn. The company’s founder Michael Saylor and CEO Phong Le stated the sales were executed for “messaging purposes” to “inoculate the market” ...

MicroStrategy (MSTR) Stock Rallies Over 16% as Bitcoin Surges
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MicroStrategy (MSTR) Stock Rallies Over 16% as Bitcoin Surges

Key Highlights Strategy (MSTR) surged 16.39% to close at $153.92 on September 18, 2026, lifting its market capitalization above $59.5 billion amid renewed institutional demand. The House Financial Services Committee advanced the American Reserve Modernization Act (H.R. 8957) by a 28–21 vote on September 16, proposing a U.S. Strategic Bitcoin Reserve with a mandatory 20-year ...