OnchainDataNerd: CEO Phong Le indicates plans to resume Bitcoin purchases by the end of 2026
2026-08-12 19:00:01
According to CoinMeta, as reported by OnchainDataNerd, CEO Phong Le stated that they plan to resume buying Bitcoin (BTC) before the end of 2026. Prior to this, tactical sales were made due to capital structure reasons, with the aim of strengthening their balance sheet. Overall, about 175,000 Bitcoins have been purchased this year, while only around 7,000 have been sold, making them a net buyer on a large scale. The recent sales were mainly due to considerations of capital structure, rather than a shift in belief.
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