'We Are Not Bitcoin Traders, We're Bitcoin Investors,' Says Strategy CEO Fong Lee

Benzinga

2025/12/04

Strategy (NASDAQ:MSTR) CEO Fong Lee is doubling down on the company's long-term Bitcoin (CRYPTO: BTC) vision, clarifying its treasury tactics and why selling BTC remains the last resort. What Happened...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'We Are Not Bitcoin Traders, We're Bitcoin Investors,' Says Strategy CEO Fong Lee\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2025-12-04 00:01</span>\n</p>\n</h4>\n</header>\n<article>\n<div>\n<p>Strategy (NASDAQ:MSTR) CEO Fong Lee is doubling down on the company's long-term Bitcoin (CRYPTO: BTC) vision, clarifying its treasury tactics and why selling BTC remains the last resort.\nWhat Happened...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/12/49187757/we-are-not-bitcoin-traders-were-bitcoin-investors-says-strategy-ceo-fong-lee\">网页链接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/12/49187757/we-are-not-bitcoin-traders-were-bitcoin-investors-says-strategy-ceo-fong-lee\">Benzinga</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4601","symbol_name":"加密貨幣現貨ETF","start_time":0,"source_url":"https://www.benzinga.com/crypto/cryptocurrency/25/12/49187757/we-are-not-bitcoin-traders-were-bitcoin-investors-says-strategy-ceo-fong-lee","article_id":"2588286260","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/03/Apex--North-Carolina---May-7-2025-Strate.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/crypto/cryptocurrency/25/12/49187757/we-are-not-bitcoin-traders-were-bitcoin-investors-says-strategy-ceo-fong-lee","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2588286260","pubTimestamp":1764777660,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Strategy (NASDAQ:MSTR) CEO Fong Lee is doubling down on the company's long-term Bitcoin","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","BK4601":"加密货币现货ETF","ISBC":"投资者银行","09439":"嘉实比特币-U","BK4595":"比特币概念","BK4211":"区域性银行","BK4023":"应用软件","09042":"华夏比特币-U","03439":"嘉实比特币","03042":"华夏比特币","BK4585":"ETF&股票定投概念","BK1611":"加密货币现货ETF","MSTR":"Strategy","03008":"博时比特币","BK4516":"特朗普概念","09008":"博时比特币-U","BK4596":"哈里斯概念","STRK":"MICROSTRATEGY 8.00% SERIES A PERPETUAL STRIKE PFD","BK4588":"碎股","BK4600":"加密货币概念","BK4594":"比特币ETF概念"},"translate_title":"策略首席执行官Fong Lee表示，我们不是比特币交易员，我们是比特币投资者","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"MSTR":1,"03439":0.9,"ISBC":1.5,"09008":1.5,"03042":1.5,"STRK":0.6,"09042":1.5,"03008":0.9,"09439":1.5},"content_text":"Strategy (NASDAQ:MSTR) CEO Fong Lee is doubling down on the company's long-term Bitcoin (CRYPTO: BTC) vision, clarifying its treasury tactics and why selling BTC remains the last resort.\nWhat Happened: Months after hinting on a podcast that Strategy might unload Bitcoin to fund dividends if its market net asset value ever dropped to parity, the company did the opposite: it built a massive $1.44 billion cash reserve, enough to cover dividends for nearly two years, and boosted its holdings to 650,000 BTC, more than 3% of all Bitcoin in existence.\nIn a new interview with Yahoo Finance, Lee emphasized that Strategy's intent is clear: 「We don't trade Bitcoin. We accumulate it. Price agnostic,」 Lee said. \n「Strategy is an investor, not a trader.」\nLee said the only scenario where Strategy would sell BTC is during a multi-year collapse in both Bitcoin price and the company's valuation, something he frames as a hypothetical problem for 2029, not today.\nOn Capital Strategy\nLee spotlighted Strategy's new perpetual preferred shares, calling them a misunderstood but powerful financing engine. \nIt may take \"12–24 months\" for the market to appreciate them, just as it took time for investors to grasp Strategy's evolution into a Bitcoin-levered operating company.\nCrucially, these instruments give Strategy continuous access to capital without diluting shareholders, enabling consistent BTC accumulation.\nAlso Read: Ex-SEC Chair Gary Gensler Warns Crypto Remains ‘Speculative, Volatile’\nWhy It Matters: Lee pushed back on criticism that Spot Bitcoin ETFs make Strategy obsolete. He argues the opposite:\nStrategy's mission is to grow Bitcoin per share, expand income, and strategically execute on the company's long-term vision.\nLee, who blends engineering, technology, and financial expertise, says Bitcoin sits at the perfect intersection of all three domains, making Strategy's approach more relevant than ever.\nRead Next:\nImage: Shutterstock","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}