US Government Shifts Towards Crypto-Friendly Policy, Says Strategy CEO

Strategy, a firm formerly known as MicroStrategy, has been a prominent player in the world of institutional crypto investment.

The company's CEO, Phong Le, made some interesting comments during recent earnings remarks, which suggest that the US government may be warming up to Bitcoin and digital assets.

According to Le, the leadership at key regulatory agencies such as the SEC, Treasury, and CFTC reflects a deliberate pivot toward crypto-friendly policy. He even went so far as to say that the country now has a 'Bitcoin president.'

This shift in attitude is reflected in Strategy's own operations.

The company is exploring raising over $80 billion in equity to expand its Bitcoin holdings, and it's doing so with confidence.

Strategy's leverage sits between 10-12%, with cash reserves exceeding $2 billion. This suggests that the company believes the path ahead is clear enough to accelerate its investment plans.