MicroStrategy CEO and prominent Bitcoin bull, Michael Saylor, announced two significant moves this week. Firstly, his company’s Bitcoin (BTC) buying spree continued with a weekly purchase of 130 BTC worth approximately $11.7 million. This brings their total Bitcoin holdings to 650,000 BTC worth around $48.38 billion. Saylor disclosed the purchase on his X account and shared details regarding the company’s Bitcoin reserves. Secondly, MicroStrategy introduced a USD reserve for dividend payments beyond Bitcoin purchases. They established a US dollar-funded reserve using proceeds from the sale of Class A common stock under their recent market offering program. This new USD reserve provides $1.44 billion in financial stability and ensures at least 12 months worth of dividend coverage. Saylor stated this move serves as a hedge against short-term market fluctuations and acts as a separate cash buffer from the Bitcoin holdings. Saylor’s actions could be interpreted as a response to recent discussions regarding MicroStrategy’s over-reliance on Bitcoin for financial stability.