Strategy CEO Phong Le’s $1M STRC Investment Returns to Break-Even as He Backs Bitcoin

Strategy (formerly MicroStrategy) CEO Phong Le has reaffirmed his confidence in Bitcoin (BTC), calling it the “United States of money,” while his nearly $1 million investment in the company’s STRC preferred stock has returned to break-even.

According to a June 22 securities filing, Le purchased 11,000 STRC shares through his family trust at a weighted average price of $90.80 per share, totaling approximately $998,756. Rather than viewing the purchase as a short-term trade, Le described it as a long-term investment in Strategy’s preferred stock.

STRC was created with a target value of $100 per share, with Strategy adjusting its monthly dividend to help keep the stock trading close to its par value. Since its July 2025 launch, the company has increased STRC’s annual dividend from 9% to 12%, helping lift the shares closer to the $100 mark. Blockchain analytics platform Arkham now estimates that Le’s investment has returned to break-even.

The performance of STRC is significant because it supports Strategy’s preferred stock program, now valued at more than $13 billion. The company recently introduced a Bitcoin sales policy that could help fund dividend payments if necessary by selling a portion of its BTC holdings.

Le has consistently defended Bitcoin as a financial system governed by transparent rules and a fixed supply, arguing that it protects wealth from inflation, censorship, and political influence. He compared Bitcoin’s principles to those of the U.S. Constitution, saying the digital asset offers people greater financial freedom. Drawing from his family’s refugee experience from Vietnam, Le said Bitcoin represents hope and personal control over money.

Le also believes Bitcoin could become a global reserve asset within the next decade. Strategy currently remains the world’s largest corporate Bitcoin holder, owning 818,334 BTC, a treasury strategy pioneered by founder Michael Saylor in 2020.

Despite Le’s optimism, some analysts remain cautious. Bitwise recently argued that Strategy is no longer the dominant corporate buyer of Bitcoin, while the company also reported a $12.5 billion quarterly loss during Bitcoin’s latest market decline. Whether Le’s investment continues to recover will largely depend on the future performance of both STRC shares and Bitcoin.