CryptoQuant highlights a 38% decline in Strategy’s cash reserve, raising concerns over STRC’s $10.6 billion unrealized Bitcoin losses.
Strategy’s cash reserve has fallen 38%, reducing its ability to cover STRC dividends, according to data. The company’s cash buffer now supports fewer months of payouts, increasing pressure on its financial stability.
The firm holds $10.6 billion in unrealized Bitcoin losses, limiting its emergency cushion. CryptoQuant noted that forced BTC sales could crystallize losses, though Strategy may use other tools like raising its 11.5% dividend yield or issuing MSTR stock to defend STRC.
STRC shares remained little changed at $87.31 ahead of Wednesday’s Nasdaq open, extending a 12% decline over the past month. The drop reflects broader concerns over dividend sustainability and Bitcoin’s market impact.