Strategy Holds $4.75B in Cash, Covering About 2.7 Years of Dividend Payments

Strategy, which combines a bitcoin treasury operation with a business software arm, holds $4.75 billion in cash. CEO Phong Le says the reserve is enough to fund roughly 2.7 years of dividend payments. Le's comments put the emphasis on liquidity. Institutional investors and those routing short-term cash into Strategy products, he said, pay close attention to how much cash the company holds. The firm has responded with preferred share products such as STRC, built for investors who want bitcoin-related returns without taking on the full volatility of the coin. On the company's bitcoin position, Strategy holds around 840,000 BTC — roughly 4% of the 21 million bitcoins that will eventually be mined. Le described the move as a shift away from passive accumulation: Strategy is now working toward a digital financial platform built around bitcoin. Software remains part of that structure. Software revenue rose 7% year over year, and cloud subscription revenue gained 54%. The company's roughly 1,500 employees cover legal, finance, AI engineering, development and marketing roles. (CoinDesk)