Catenaa, Tuesday, December 02, 2025-Michael Saylor’s Bitcoin-focused firm, Strategy, has created a $1.44 billion US dollar reserve to support dividend payments and interest obligations, providing a buffer amid volatile digital-asset markets.
The reserve was funded through ongoing at-the-market stock sales and is intended to cover at least 12 months of obligations, with plans to extend coverage to 24 months or more.
The company, which holds 650,000 Bitcoin, roughly 3.1% of the total eventual supply, says the USD reserve complements its crypto holdings and strengthens liquidity management.
CEO Phong Le said the reserve currently covers 21 months of dividend commitments and will remain adjustable depending on market conditions and capital needs.
Strategy updated its FY2025 outlook amid recent Bitcoin price fluctuations.
If BTC ends the year between $85,000 and $110,000, operating income could range from a $7 billion loss to a $9.5 billion gain, and net income between a $5.5 billion loss and $6.3 billion gain.
Diluted earnings per share are projected between a loss of $17 and a gain of $19, assuming successful capital raises and Bitcoin accumulation.
The firm expects Bitcoin yield for 2025 to fall between 22% and 26%, with dollar gains of $8.4 billion to $12.8 billion, relying on preferred stock offerings, equity issuance, and continued crypto purchases.
