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Strategy Launches $1.4B Dividend Reserve

Strategy Establishes $1.4 Billion Reserve for Dividends and Interest

  • Strategy has set up a $1.4 billion USD reserve to support dividend payments and interest obligations.
  • The reserve was funded by selling MSTR Stock, with plans to cover at least 24 months of obligations.
  • The company increased its regular dividend rate on STRC Stock.
  • From mid-November to month-end, Strategy raised $1.48 billion and purchased 130 Bitcoin, bringing total holdings to 650,000 BTC.
  • Thomas Chow was appointed as Executive Vice President & General Counsel, succeeding Wei-Ming Shao.

Strategy has allocated a $1.4 billion reserve from stock sales to stabilize dividends and interest payments, while also boosting its Bitcoin holdings to 650,000 BTC.

Source (3.2)https://cryptobriefing.com/usd-reserve-strategy-dividend-support/?rand=59535
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