Strategy holds 843,775 BTC, with bitcoin reserves sufficient to cover dividends for 31 years

According to Odaily, Strategy’s Bitcoin reserves, calculated by management, can cover 31 years of dividends, and its US dollar reserves can cover 1.8 years of upcoming dividend obligations. Chaitanya Jain, Head of Bitcoin Products and Investor Relations at Strategy, disclosed this data on July 20 on X.

Filings submitted by Strategy to the US Securities and Exchange Commission (SEC) show that as of July 19, its US dollar reserves had reached 3.225 billion dollars. The company stated that these reserves are used to pay preferred stock dividends and interest on outstanding debt.

Currently, Strategy holds 843,775 BTC, acquired at a total cost of approximately 6.369 billion dollars, with an average purchase price of 75,476 dollars. Between July 13 and 19, the company sold 2.73 million MSTR shares, raising a net amount of about 264 million dollars.

The documents show that during the week, Strategy did not issue any preferred shares, did not carry out share buybacks, and did not purchase Bitcoin. The most recent disclosed Bitcoin purchase occurred on June 22.