Strategy said management calculations show its Bitcoin reserves could cover 31 years of dividends, while its U.S. dollar reserves could cover 1.8 years of near-term dividend obligations. The figures were disclosed on X by Chaitanya Jain, the company’s head of Bitcoin product and investor relations. A filing submitted to the U.S. Securities and Exchange Commission showed Strategy held $3.225 billion in dollar reserves, which the company said are intended to pay preferred stock dividends and interest on outstanding debt. The filing also showed Strategy held 843,775 BTC acquired at an aggregate cost of about $63.69 billion, with an average purchase price of $75,476 per coin. The company sold 2.73 million shares of MSTR stock, raising about $264 million in net proceeds. Strategy said it did not issue preferred shares, repurchase stock, or buy Bitcoin during the week. Its most recently disclosed Bitcoin purchase was on June 22.
Strategy said management calculations show the company’s Bitcoin reserves could cover 31 years of dividends, while its dollar reserves could cover 1.8 years of near-term dividend obligations. Chaitanya Jain, Strategy’s head of Bitcoin product and investor relations, disclosed the figures on X.
SEC filing details cash reserves
A filing submitted by Strategy to the U.S. Securities and Exchange Commission showed the company held $3.225 billion in dollar reserves. Strategy said the reserves are intended to cover preferred stock dividends and interest on outstanding debt.
Bitcoin holdings and weekly activity
The filing showed Strategy currently holds 843,775 BTC. The company said the holdings were acquired at a total cost of about $63.69 billion, with an average purchase price of $75,476 per Bitcoin.
Strategy also sold 2.73 million shares of MSTR stock, generating about $264 million in net proceeds.
The filing said Strategy did not issue preferred shares, did not repurchase stock, and did not buy Bitcoin during the week. Its most recently disclosed Bitcoin purchase took place on June 22.
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