Strategy CEO Phong Le said the company’s plan is to bring STRC back to par value and then resume increasing its Bitcoin holdings. He also said Strategy will keep building its U.S. dollar reserves, arguing that doing so is accretive to Bitcoin per share. Le added that keeping enough reserves to cover two to three years of dividends is a key part of the company’s capital plan. That reserve base, he said, is intended to support potential future issuances of additional preferred stock. The remarks outline how Strategy is linking its balance sheet structure, dividend planning and future financing capacity to its Bitcoin accumulation approach.
Strategy CEO Phong Le said the company plans to bring STRC back to par value and resume adding to its Bitcoin holdings, according to ChainCatcher.
Le said Strategy will continue increasing its U.S. dollar reserves because that is accretive to Bitcoin per share.
He also said keeping enough dividends in dollar reserves for two to three years is an important part of the company’s capital plan, so it can issue more preferred stock in the future.
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