Strategy Cash Reserve Hits Record $3.75 Billion Amid BTC Holdings

Strategy, the parent company of Michael Saylor's MicroStrategy, has increased its cash reserve to a record $3.75 billion after selling additional MSTR shares last week.

The sale added around $525 million to the company's USD reserve and brought the total to $3.75 billion.

This larger reserve gives Strategy about 2.1 years of dividend coverage under current estimates, according to recent filings with the U.S. Securities and Exchange Commission.

As part of its Digital Credit Securities Repurchase Program announced last month, Strategy has also completed its first STRC preferred stock buyback, purchasing 288,930 shares for approximately $25 million.