Strategy's Cash Hoard Hits $6.7B as Bitcoin Buying Pause Continues

Strategy, the largest corporate holder of Bitcoin, has increased its USD reserves by $1.9 billion to reach $6.7 billion. This significant boost in cash comes from at-the-market equity offerings and selling shares into the open market.

The company has been accumulating cash instead of immediately buying more Bitcoin, which has kept its holdings steady during this period.

Strategy prefers equity outstanding that requires regular dividend payments in dollars, not Bitcoin. Without a substantial cash reserve, it would face an uncomfortable choice between selling BTC to cover dividends or missing payments and disappointing investors.