Michael Saylor’s firm sets aside $1.6 billion in flexible cash reserves to bolster bitcoin holdings and repurchase shares.
Strategy, the largest corporate bitcoin holder, has earmarked $1.6 billion in cash for treasury operations, including potential bitcoin acquisitions and share buybacks. The funds, labeled “USD Cash,” offer flexibility for corporate actions and market downturns, separate from existing reserves for dividends and debt interest.
The move follows bitcoin’s 13% gain over the past week, driven by U.S. regulatory clarity proposals and Treasury buyback adjustments that reduced long-duration debt yields. Bitcoin briefly surpassed $70,000 last week but remains below its 2023 peak levels.
The allocation provides liquidity to sustain bitcoin purchases while managing volatility, aligning with Strategy’s long-term accumulation strategy. No immediate market reaction was disclosed in the filing.