MicroStrategy Builds USD Reserve to Buffer Bitcoin Sales for Dividends, But May Proceed If Needed

MicroStrategy has established a $1.44 billion USD reserve to ensure smooth dividend payments to shareholders, even amid Bitcoin's volatility, without immediately selling its BTC holdings. However, CEO Phong Le and Chairman Michael Saylor confirmed the company could sell Bitcoin if its market-adjusted net asset value falls below 1, prioritizing financial stability. MicroStrategy forms $1.44 billion [...]