Strategy’s dollar reserve fails to soothe Bitcoin-sales concern
Bloomberg Television·2025-12-02 19:45
Equity Issuance & Cash Reserve - The company issued $144 billion of equity in eight and a half days [1] - The equity issued is enough to cover 21 months of operation [1] - The company has 74 years of dividends covered by its Bitcoin holdings [2] - The company aims to grow its cash reserve to cover two to three years of dividends, targeting the end of 2028 or January 2029 [2] Bitcoin & Dividend Strategy - The company addressed concerns about selling Bitcoin to cover dividends [2] - The company does not anticipate needing to sell Bitcoin to pay dividends, given the built-up cash reserve [3]