'The Right Trade': Strategy CEO Has No Regrets Selling Bitcoin at $60K Before Buying Back Higher
Phong Le said Strategy’s cost of capital—not Bitcoin’s price—drove its decision to sell nearly 7,000 BTC before resuming purchases above $80,000.
The top 3
- Highest All-Time Price Ever Reached: Bitcoin reached an all-time high of $126,080, demonstrating significant growth since its inception.
- First Break Above $20,000: Bitcoin first surpassed the $20,000 mark in December 2020, reaching a new all-time high of $19,850.11 at that time.
- Initial Surge Past $1,000: Bitcoin first reached $1,000 in November 2013, specifically hitting $1,242 on November 29, 2013.
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