What is MicroStrategy's new $1.44 billion reserve for?

The $1.44 billion USD Reserve is intended to cover dividends and interest payments for up to 21 months.

How much Bitcoin does MicroStrategy now hold?

MicroStrategy now holds 650,000 BTC, following the recent acquisition of 130 additional Bitcoins.

Why is MicroStrategy building a large cash reserve now?

The reserve is presented as a strategic move to ensure near-term financial stability amidst market volatility and upcoming payment obligations.

Home / Business and Economy / MicroStrategy's $1.44B Cash Stash: Safety Net or Signal?

MicroStrategy's $1.44B Cash Stash: Safety Net or Signal?

3 Dec

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Summary

MicroStrategy established a $1.44 billion USD Reserve for dividends and interest.
The company acquired an additional 130 BTC, bringing its total holdings to 650,000 BTC.
This move occurs as the crypto market faces increased fear and liquidity concerns.

MicroStrategy's $1.44B Cash Stash: Safety Net or Signal?

MicroStrategy has created a substantial $1.44 billion USD Reserve, a strategic move aimed at securing funds for dividends and interest payments for a significant period. This announcement comes at a time when the cryptocurrency market is experiencing heightened volatility and investor anxiety, making the reserve's purpose a subject of intense discussion.

In parallel with establishing this cash buffer, MicroStrategy's chair, Michael Saylor, confirmed the acquisition of an additional 130 Bitcoin for approximately $11.7 million. This latest purchase has expanded the company's Bitcoin holdings to a formidable 650,000 BTC, representing about 3.1% of the total Bitcoin supply ever to exist.