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‼️ The strategy has increased reserves to $2.19 billion in case of a prolonged "crypto winter"
🟠 Michael Saylor's company Strategy reported an increase in dollar reserves to $2.19 billion after raising approximately $748 million through the sale of common stock.
✅ According to analysts at TD Cowen, these reserves will last Strategy for 32 months to cover the company's interest and dividend obligations.
Strategy first revealed details about its US dollar reserve on December 1, when it announced raising $1.44 billion to create a buffer of liquid cash to support dividend payments and interest on outstanding debt.