MicroStrategy’s move—$450 million worth of “ammunition” has been stockpiled, with a baseline of $3 billion in reserves already in place. The preferred-stock dividends are now covered, and institutions’ confidence in hoarding crypto is getting stronger by the day.

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Coin world news: MicroStrategy (MicroStrategy) announced it would increase its U.S. dollar reserves by $450 million through a common stock issuance, bringing its total reserves to $3 billion, to support dividends on its perpetual preferred stock.
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