Strategy Inc. Builds $1.44 Billion USD Reserve to Bolster Bitcoin Holdings

Strategy Inc., a publicly traded company known for its significant Bitcoin holdings, has implemented a strategic plan to bolster its investment in cryptocurrency. The company recently established a $1.44 billion U.S. dollar cash reserve through the sale of 8.214 million Class A common shares under its at-the-market program. This move represents approximately 2.2% of the company’s overall enterprise value and provides full coverage for preferred dividends, convertible note interest, and common equity obligations for up to twelve months. While aiming for a buffer lasting 24 months or longer, management highlighted this reserve as an important component in enhancing the stability of the company’s investment strategy. This initiative complements the firm’s existing Bitcoin treasury, according to Michael Saylor, the executive chairman of Strategy. CEO Phong Le emphasized that the added cash position reinforces commitment to investors and shareholders during a period of market volatility. Strategy is continuing to acquire additional Bitcoin using diverse capital sources while remaining committed to its long-term investment strategy.