Finst

Strategy CEO Calls Bitcoin the "United States of Money"

Le links Bitcoin to Strategy’s funding model, while STRC edges back toward par value. Bitcoin’s slide is also tightening pressure on the company’s ability to finance more BTC.

By Luc Vesters
• 2 min read

<img width="800" height="450" src="https://cdn.finst.com/marketing/news/en/strategy-ceo-calls-bitcoin-united-states-of-money.webp" alt="Strategy CEO Calls Bitcoin the "United States of Money"">

Key Takeaways

  • Strategy CEO Phong Le called Bitcoin the “United States of money” and said it can help protect against inflation, censorship, and political pressure.
  • Le bought 11,000 STRC shares through his family trust at an average price of $90.80 per share, which puts the position back near break-even, according to Arkham.
  • Strategy is working to keep STRC near its $100 par value, while Bitcoin’s recent drop is adding pressure to the company’s financing setup.

Strategy CEO Phong Le called Bitcoin the “United States of money,” while his personal bet of nearly $1 million (€0.9 million) in the preferred stock STRC is according to Arkham back near break-even. The timing is notable: Strategy is trying to keep its Stretch share close to the $100 (€87) par value just as Bitcoin’s recent decline puts more strain on the company’s financing structure.

STRC Moves Back Toward Par

A June 22 filing shows that Le bought 11,000 STRC shares through his family trust at a weighted average price of $90.80 (€79) each, for a total of about $998,756 (€872,400). He described the purchase as a long-term position rather than a short-term trade.

STRC is built to trade near its $100 (€87) par value. To help keep it there, Strategy adjusts the monthly dividend payout so the price stays as close to that level as possible. Since the stock launched in July 2025, the annual dividend has been lifted to 12 percent from 9 percent at launch. That has helped support the share price, even as demand for yield continues to show up in trading.

Based on the context around the issuance, Strategy has also temporarily stopped issuing new STRC when the stock trades below par. That limits the company’s ability to use the instrument to raise more Bitcoin as long as the market is not willing to value the preferred stock back above $100 (€87).

Bitcoin as a Monetary System

Le said he sees Bitcoin as a monetary system with clear rules and a fixed supply that governments cannot dilute. In his view, that makes it a tool for protection against inflation, censorship, and political pressure.

He connected that belief to his own life story, pointing to his family’s escape from Vietnam as part of why he thinks people should control their own money. In that framing, Bitcoin is more than an investment. It is an alternative monetary network with a strong ideological message.

Why This Matters

For European crypto readers, this is another example of how closely Bitcoin and public-market financing are now tied together. Strategy’s Bitcoin holdings are estimated by the market at about $64.6 billion (€56.4 billion), with an average cost basis of $75,532 (€66,000) per BTC, so price swings feed directly into the company’s ability to support its capital structure. That makes the move in STRC important for investors watching how large crypto companies balance Bitcoin exposure with dividend obligations.

The pressure on STRC also fits into a wider debate about Strategy’s financing model, as investors take a closer look at the link between the preferred stock and the underlying Bitcoin position. JPMorgan previously warned that the new policy room around Bitcoin sales could add extra volatility to that model.

Disclaimer: This content is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The information provided may be incomplete, inaccurate, or outdated and should not be relied upon as such. Nothing on this website should be considered a recommendation to buy, sell, or hold any cryptocurrency. Investing in crypto-assets involves risk of loss.