Strategy CEO Says $1.44B Cash Reserve Aims to Calm Bitcoin-Slump Fears

Strategy CEO Phong Le says the company’s newly built $1.44 billion cash reserve is designed to quiet investor anxiety over its ability to withstand a sharp downturn in Bitcoin. Key Takeaways: Strategy built a $1.44B cash reserve to ease investor fears about its ability to meet dividend and debt obligations. The firm raised the funds in just eight and a half days, aiming to show it can still attract capital without selling any Bitcoin. Strategy says it will only consider selling BTC if its stock falls ...