Crypto
Strategy CEO Reveals Importance of Holding Liquid US Dollars Amid BTC Sales
Strategy CEO Phong Le emphasized the importance of holding liquid U.S. dollars during the company's second-quarter earnings call in 2026, revealing that maintaining a robust dollar reserve is crucial for funding its dividend obligations.
The company, which holds over $3.75 billion in cash reserves, sufficient to cover more than two years of its dividend and interest obligations, has already sold 3,620 BTC this year to bolster its cash reserves.
Le stated that the 'biggest lesson' from the 2026 bear market is the need for a dollar reserve, contradicting the idea that liquid Bitcoin is essential. The company holds over 843,775 Bitcoin, worth $58 billion, making it the largest institutional holder in the world.