[Strategy CEO: Strategy establishes a $1.4 billion reserve fund through stock sales to alleviate Bitcoin dumping pressure] Strategy CEO Phong Le stated that the newly established $1.4 billion reserve fund will be used to cover short-term dividend and interest expenses, helping the company maintain financial flexibility during market turbulence. The reserve fund is raised from stock sales and aims to alleviate investors' concerns about the company potentially being forced to sell Bitcoin to pay for the continuously rising dividends. According to the company's calculations, this reserve can cover approximately 21 months of dividend expenses without touching its $59 billion Bitcoin holdings.
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Strategy CEO: Strategy establishes a $1.4 billion reserve by selling shares to alleviate Bitcoin dumping pressure.
[Strategy CEO: Strategy establishes a $1.4 billion reserve fund through stock sales to alleviate Bitcoin dumping pressure] Strategy CEO Phong Le stated that the newly established $1.4 billion reserve fund will be used to cover short-term dividend and interest expenses, helping the company maintain financial flexibility during market turbulence. The reserve fund is raised from stock sales and aims to alleviate investors' concerns about the company potentially being forced to sell Bitcoin to pay for the continuously rising dividends. According to the company's calculations, this reserve can cover approximately 21 months of dividend expenses without touching its $59 billion Bitcoin holdings.