MicroStrategy CEO Calls Bitcoin ‘United States of Money’
MicroStrategy chief govt Phong Le has known as Bitcoin (BTC) the “United States of cash.” On-chain tracker Arkham says the $1 million guess he made on the agency’s most well-liked inventory is again to break-even.
The buy, in a securities submitting, doubles as a private wager on the corporate Le runs. Strategy, previously MicroStrategy, is combating to carry its Stretch most well-liked inventory (STRC) close to par after a Bitcoin droop.
$1 Million Bet Back at Break-Even
A June 22 filing reveals Le purchased 11,000 STRC shares by his household belief. He paid a weighted-average $90.80 apiece, or about $998,756. He framed it as a long-term maintain, not a commerce.
That worth was beneath STRC’s said $100 worth. Strategy designed the inventory to commerce close to that $100 par value, adjusting its dividend month-to-month to defend the peg.
The firm has since lifted STRC’s annual dividend to 12%, up from 9% at its July 2025 debut. That has pulled the shares again towards par. Arkham now pegs Le’s place at break-even.
The restoration issues as a result of STRC anchors a preferred-stock stack now price greater than $13 billion. MicroStrategy just lately outlined a new Bitcoin sales policy that would fund these dividends by promoting some of its holdings.
“I purchased $1 million of $STRC right now. Will maintain it till it reaches par, possible longer,” Le described the purchase in a June post.
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Why Le Calls Bitcoin the United States of Money
Le laid out his case for Bitcoin, describing it as cash set by clear guidelines and a set provide that no authorities can inflate away. The asset, he argued, shields wealth from inflation, censorship, and political stress.
“Bitcoin is the United States of cash. It aspires to do for cash what the American Constitution aspired to do for presidency: create a system ruled by clear guidelines quite than the discretion of people…But past that, Bitcoin is hope,” he stated.
He tied the view to his personal previous. He linked his household’s refugee journey from Vietnam to the idea that folks ought to management their very own cash. Le has predicted Bitcoin might change into a worldwide reserve asset inside a decade.
The conviction carries weight as a result of Le runs Strategy, the most important company Bitcoin holder at 818,334 BTC.
Founder Michael Saylor pioneered that treasury mannequin in 2020. Le factors to banks like Goldman Sachs and Citi including Bitcoin companies as proof that the shift is actual.
Not everybody shares the optimism. Bitwise has mentioned Strategy is not Bitcoin’s dominant buyer. The agency additionally booked a $12.5 billion quarterly loss as bitcoin fell. Rival corporate Bitcoin treasuries have stored accumulating by the droop.
Whether the break-even holds will depend on how STRC and Bitcoin’s bear market play out from right here. For now, Le’s steadiness sheet and his private account are pointing in the identical course.
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