Strategy Establishes $1.44B Cash Reserve, Slashes 2025 Profit, BTC Yield Targets

Strategy, led by Executive Chairman Michael Saylor, announced the formation of a $1.44 billion U.S. dollar reserve, funded by recent common stock sales, primarily to cover at least twelve months of preferred stock dividends, with an ultimate goal of covering 24 months or more. This move addresses concerns about funding dividends. Concurrently, due to a lower-than-expected Bitcoin price environment (now assuming a year-end range of $85,000-$110,000 versus $150,000 previously), Strategy adjusted its 2025 financial guidance. The company now projects a full-year net income loss of $5.5 billion to a gain of $6.3 billion, and has cut its Bitcoin yield target to 22%-26% from 30%. Strategy also announced a modest purchase of 130 BTC for $11.7 million, bringing its total holdings to 650,000 BTC.

(Source：CoinDesk)