Michael Saylor's Strategy expands dollar reserve instead of Bitcoin

Michael Saylor’s Bitcoin (BTC) treasury company, Strategy (Nasdaq: MSTR), accrued its U.S. Dollar Reserve by $747.8 cardinal past week.

The institution utilized the proceeds from the merchantability of its MSTR communal banal during the play to money the currency raise.

Related: Michael Saylor's Strategy announces $1.44B dollar reserve arsenic banal slumps

With the latest accumulation, Strategy's USD Reserve is worth $2.19 cardinal arsenic of Dec. 21. The institution said it may set the reserve from clip to clip based connected marketplace conditions, liquidity needs and different factors.

However, the institution didn't bargain immoderate Bitcoin past week and its full holdings present basal at 671,268 BTC worthy much than $60 cardinal astatine the clip of writing.

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It was connected Dec. 1 that the institution created the currency reserve worthy $1.44 cardinal to enactment dividend payments connected preferred banal and work its indebtedness obligations.

The institution aims to support a equilibrium capable to screen astatine slightest 12 months of dividends, with semipermanent plans to widen that sum to 24 months oregon more.

Strategy launched the currency reserve to complement its Bitcoin reserve to code the modified NAV (mNAV) approaching 1, that is, the company's equity worth is present astir astatine the aforesaid worth arsenic its underlying Bitcoin holdings with nary premium from the market.

The extremity is to person capable cash to screen a fewer months of payouts amid Bitcoin volatility.

Strategy is nether sizeable unit close present arsenic it risks getting delisted from the MSCI USA Index arsenic the Morgan Stanley Capital International (MSCI) considers excluding public companies with much than 50% of the assets connected their equilibrium sheets dedicated to integer assets from its indices.

The MSTR banal was trading astatine $169.77 successful pre-market hours connected Dec. 22, up 3% successful a day.

Bitcoin was 2.5% up successful the past 24 hours, trading astatine $89,990.30 astatine the clip of writing.

This communicative was primitively published by TheStreet connected Dec 22, 2025, wherever it archetypal appeared successful the MARKETS section. Add TheStreet arsenic a Preferred Source by clicking here.