Strategy's $1.44B Bitcoin Dividend Reserve

Strategy, a Bitcoin-focused company, establishes a $1.44 billion dollar reserve to ensure consistent dividends for investors, even during Bitcoin price fluctuations. The reserve, built by selling company stock, aims to cover at least twelve months of dividends, with a long-term goal of twenty-four months. While the company could sell Bitcoin if necessary, discussions suggest a low probability of such action before the end of the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.