By Nicholas G. Miller
Strategy said it has established a USD reserve of $1.44 billion to support dividend payments amid a recent slide in Bitcoin prices.
Executive Chairman Michael Saylor said the USD reserve would better position the company to navigate short-term market volatility.
The reserve was funded using proceeds from selling shares. The company intends to maintain a USD reserve sufficient to fund at least 12 months of its dividends and plans to expand the reserve to cover 24 months or more.
The company also updated its full-year guidance amid a Bitcoin sell off that brought the trading price from $111,612 as of Oct. 30 to as low as $80,660 on Nov. 21.
Strategy guided for a full-year loss of $17 a share to a full-year profit of $19 a share. In October, it guided for full-year earnings of $80 a share.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
December 01, 2025 08:55 ET (13:55 GMT)
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