Bitcoin-treasury Strategy Boosts Cash Reserve to $2.19 Billion, Pauses BTC Buying

Strategy Inc., led by Michael Saylor, increased its U.S. dollar reserves to $2.19 billion after generating $747.8 million from selling shares under its at-the-market equity offering program between December 15 and December 21. During this period, the company held its Bitcoin holdings steady at 671,268 BTC, marking a pause in accumulation following a large purchase earlier in December. This cash reserve is intended to support preferred dividend payments, debt obligations, and manage short-term volatility. Separately, Strategy is actively opposing a potential MSCI rule change that could exclude firms holding over 50% of assets in digital assets from major indexes, a move that could force significant outflows from index funds tracking Strategy's stock.

(Source：Bitcoin Magazine)