Strategy CEO: Strategy Sets Up $1.4 Billion Reserve Fund Through Stock Sales to Ease Bitcoin Selling Pressure
Jinse Finance reported that Strategy CEO Phong Le stated the company's 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 periods of market volatility. This reserve fund, raised through stock sales, aims to ease investor concerns that the company may be forced to sell bitcoin to pay for its growing dividends. According to the company's calculations, this reserve can cover approximately 21 months of dividend payments without having to use its $59 billion bitcoin holdings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CME launches Bitcoin Volatility Index
US-listed company Upexi announces completion of $10 million private placement
Ripple unlocks 1 billion XRP from escrow accounts

