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Federal Contractors | Technology 2024: PHONG LE

PRESIDENT AND CEO, MICROSTRATEGY, TYSONS

//August 29, 2024//

Federal Contractors | Technology 2024: PHONG LE

PRESIDENT AND CEO, MICROSTRATEGY, TYSONS

// August 29, 2024//

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If there’s one company making a big bet on bitcoin, it’s MicroStrategy. As of July 10, MicroStrategy owned more than $13 billion worth of the cryptocurrency after acquiring an additional $1 billion in bitcoin over the previous year.

Le took the lead at MicroStrategy in August 2022 after Michael Saylor, the company’s high-profile founder and former CEO, stepped back to focus on bitcoin; Saylor remains the independently owned company’s executive chairman. Saylor led MicroStrategy to become the world’s largest corporate bitcoin owner, but he stepped down
as CEO in August 2022 after the company’s stake in the volatile cryptocurrency dropped $1.98 billion in value.

Le joined MicroStrategy in 2015 and previously served as its chief financial officer, chief operating officer and in other executive posts. Le is a graduate of Johns Hopkins University and MIT’s Sloan School of Management. He previously served as CFO for XO Communications, held senior positions at telecommunications company NII Holdings and spent 12 years at Deloitte.

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