Strategy says cash can cover interest, dividends for more than 3 years

Strategy said on X that its current U.S. dollar cash holdings are enough to cover annual interest and dividend payments for more than three years. The company said that as of late May, its dollar holdings had been sufficient to cover those annual interest and dividend payments for six months, but have since surged. Strategy had previously announced it bought 1,037 BTC worth $81.9 million last week. It also said it repurchased $188.3 million of its STRC preferred shares and increased its cash holdings to $146 million.