Bitcoin Giant Strategy Establishes $1.44 Billion USD Reserve—But Still Might Sell BTC

Bitcoin treasury company Strategy has formed a $1.44 billion U.S. dollar reserve as a vehicle to provide “very smooth continuous dividends,” even when Bitcoin is down. While this appears to provide a buffer to prevent the company from selling part of its 3.1% stake in the total Bitcoin supply, Strategy did not rule out potentially having to sell BTC—with the company’s CEO mapping out what the future might look like if it did. Strategy formed the USD reserve by selling MSTR equity over the past nine days, CE ...