Saylor's Strategy raises cash reserves to $3.225 billion, leaving bitcoin holdings unchanged

CoinDesk·

Saylor's Strategy raises cash reserves to $3.225 billion, leaving bitcoin holdings unchanged

60-second summary

Michael Saylor's MicroStrategy continues to diversify its assets by raising cash reserves to $3.225 billion, a significant increase from previous weeks, while maintaining its unchanged bitcoin holdings. This strategic move allows the firm to pay dividends on its preferred stock, indicating a cautious approach to navigating the volatile cryptocurrency market and prioritizing shareholder returns.

For the second consecutive week, the firm kept bitcoin holdings steady, choosing to use the raised capital to boost cash for paying dividends on its preferred stock.