September 18, 16:15
Strategy CEO says it will never stop buying Bitcoin as MSTR rises 11%
Strategy CEO Says 'We're Never Going To Stop' Buying Bitcoin as MSTR Surges 11% - Strategy (NASDAQ:MSTR)
Benzinga

Strategy CEO Phong Le said Strategy will continue buying Bitcoin permanently. MSTR rose 11% on Friday. Le said Strategy holds 840,050 Bitcoin. Le said the position makes Strategy the world's largest Bitcoin holder. Le said the company is not following a strategy of selling Bitcoin forever. He said Strategy remains open to occasional sales when they make sense. Le said Strategy needs flexibility because it holds $55 billion worth of Bitcoin. He linked that flexibility to the integration of Bitcoin and DeFi markets into traditional finance. Le said short-term sales can sometimes be accretive in real Bitcoin terms. Bitcoin News flagged on X that Strategy's stock now regularly trades more shares than Berkshire Hathaway. That crossover first occurred in late December 2025 and continued through 2026. Some August sessions saw 46 million to 49 million MSTR shares change hands. Turnover reached $4.4 billion in those sessions. MSTR was among the 10 most actively traded U.S. stocks. MSTR moved above its descending trendline from the May $199 high on Friday. MSTR reached $147.37 in a breakout from the ascending triangle base built since the July $84 low. The RSI divergence indicator stood at 63.56. The 20-day EMA stood at $128.49. The 50-day and 100-day EMAs had moved below the current price and provided support. The 200-day EMA at $152 was the next stated resistance level. The 20-day EMA at $128 was identified as a level that must hold to keep the move intact.
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