Strategy holds 843,775 BTC, and its Bitcoin reserves can cover 31 years of dividends

Odaily Planet Daily reports that Strategy’s bitcoin reserves, calculated by management, can cover 31 years of dividends, while its dollar reserves can cover 1.8 years of recent dividend obligations. Strategy’s Bitcoin products and investor relations head, Chaitanya Jain, disclosed the above figures on X on July 20.

A filing Strategy submitted to the U.S. Securities and Exchange Commission (SEC) shows that as of July 19, its dollar reserves reached $3.23B. The company said the reserves are used to pay preferred stock dividends and interest on outstanding debt.

Strategy currently holds 843775 BTC, with an acquisition cost of about $63.69B, and an average purchase price of $75,476. Between July 13 and 19, the company sold 2.73 million shares of MSTR stock, raising net proceeds of about $264 million.

The filing shows that Strategy did not issue preferred stock that week, did not conduct any stock buybacks, and did not purchase any bitcoin. Its most recent disclosed bitcoin purchase occurred on June 22.
BTC1.70%
MSTR2.49%
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