Strategy CEO Phong Le Reveals 'Biggest Lesson' the Bitcoin Treasury Company Learned in 2026: 'The Importance of Holding Liquid US Dollars'
Strategy Inc. (NASDAQ:MSTR) CEO Phong Le said on Thursday that the firm realized in 2026 the importance of holding cash reserves over liquid Bitcoin (CRYPTO: BTC) for balance-sheet strength The Lessons from the 2026 Bear Market During the company's second-quarter earnings call, Le revealed that the “biggest lesson” of 2026 was the need to maintain liquid U.S. dollars to fund its dividend obligations on its Perpetual Stretch Preferred Stock (NASDAQ:STRC ). “We thought that liquid Bitcoin would be important, but what Mike [Michael Saylor] mentioned earlier is that the people who are holding these preferreds don't look at Bitcoin the way they look at U.S. dollars,” Le added.