{"id":10816,"date":"2026-07-16T09:28:31","date_gmt":"2026-07-16T09:28:31","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=10816"},"modified":"2026-07-16T09:28:31","modified_gmt":"2026-07-16T09:28:31","slug":"strategy-defends-3b-cash-reserve-says-bitcoin-strategy-remains-unchanged","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=10816","title":{"rendered":"Strategy Defends $3B Cash Reserve, Says Bitcoin Strategy Remains Unchanged"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_fd37fd6457ab0401b56f4cb9b21c8434\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Phong Le told Bloomberg Television the US$3 billion reserve strengthens liquidity and reassures preferred shareholders after their feedback, with no change to the Bitcoin thesis.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Strategy made no BTC purchases or sales between July 6 and 12; it holds 843,775 BTC acquired for US$63.69 billion, the largest identified corporate stash.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Le said the company\u2019s roughly US$6.7 billion in convertible debt becomes a balance-sheet risk only if Bitcoin falls to about US$8,000 to US$10,000.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Strategy CEO Phong Le said the company\u2019s US$3 billion (AU$4.29 billion) cash reserve exists to strengthen liquidity and reassure preferred shareholders, telling Bloomberg Television this week that the firm\u2019s Bitcoin strategy is unchanged after a week without purchases.<\/p>\n<p class=\"wp-block-paragraph\">The reserve, built up after recent stock sales, followed feedback from preferred shareholders who wanted more liquidity on the balance sheet, Le said.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Company disclosures put the buffer at about 20 months of coverage for roughly US$1.76 billion (AU$2.52 billion) in annualised preferred dividends and debt interest, and the funds are restricted to those payments unless the board approves another use.<\/p>\n<p class=\"wp-block-paragraph\">Moreover, Strategy neither bought nor sold Bitcoin between July 6 and 12. Its last purchase came on June 22, when it added 520 BTC for about US$35 million (AU$50.05 million), and on June 30 it sold 3,588 BTC for about US$216 million (AU$308.88 million) to fund preferred dividends, the largest sale in its history.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Days before the quiet week, executive chairman Michael Saylor\u2019s social posts had fuelled speculation about fresh purchases.<\/p>\n<p class=\"wp-block-paragraph\">Likewise, Saylor outlined the funding approach during the company\u2019s first-quarter earnings cycle, describing a model in which the firm buys Bitcoin with credit, lets it appreciate, and sells portions to cover dividends on preferred securities.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Related: Bitcoin Tops $64K as Cooling U.S. Inflation Fuels Fed Pause Hopes<\/strong><\/p>\n<h2 id=\"h-debt-safe-down-to-8-000-le-says\" class=\"wp-block-heading\">Debt Safe Down to $8,000, Le Says<\/h2>\n<p class=\"wp-block-paragraph\">Le stated the company\u2019s roughly US$6.7 billion (AU$9.58 billion) in convertible debt poses a real balance-sheet risk only if Bitcoin falls to about US$8,000 (AU$11,440) to US$10,000 (AU$14,300), and said Strategy holds enough liquidity to cover its obligations for years.<\/p>\n<p class=\"wp-block-paragraph\">He described the firm as having evolved from a Bitcoin treasury company into a \u201cdigital capital platform\u201d.<\/p>\n<p class=\"wp-block-paragraph\">Le confirmed Strategy plans to keep raising capital through its preferred share classes, including the Stretch (STRC) security, to buy more Bitcoin, expand the cash reserve and support the balance sheet.\u00a0<\/p>\n<\/p><\/div>\n<p>Bitcoin,Bitcoin Reserve,Microstrategy#Strategy #Defends #Cash #Reserve #Bitcoin #Strategy #Remains #Unchanged1784194111<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Phong Le told Bloomberg Television the US$3 billion reserve strengthens liquidity and reassures preferred shareholders after their feedback, with no change to the Bitcoin thesis. Strategy made no BTC purchases or sales between July 6 and 12; it holds 843,775 BTC acquired for US$63.69 billion, the largest identified corporate stash. Le said the company\u2019s roughly<\/p>\n","protected":false},"author":1,"featured_media":10817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[91,109,2212,704,1010,107,3235],"class_list":["post-10816","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-bitcoin","tag-cash","tag-defends","tag-remains","tag-reserve","tag-strategy","tag-unchanged"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Strategy Defends $3B Cash Reserve, Says Bitcoin Strategy Remains Unchanged - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=10816\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strategy Defends $3B Cash Reserve, Says Bitcoin Strategy Remains Unchanged\" \/>\n<meta property=\"og:description\" content=\"Phong Le told Bloomberg Television the US$3 billion reserve strengthens liquidity and reassures preferred shareholders after their feedback, with no change to the Bitcoin thesis. 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