Despite increased market volatility, Michael Saylor reaffirms his bet on Bitcoin. His company, Strategy, has reached a new milestone by combining cryptocurrency with traditional finance.
Key Developments in Strategy's Bitcoin Holdings
- •Strategy holds 650,000 BTC.
- •The company has created a $1.44 billion reserve for its dividends.
- •Strategy revises its 2025 targets downward despite its strengthened bitcoin accumulation strategy.
A Double Reserve to Stabilize Saylor’s Bitcoin Empire
Facing the volatility of the crypto market, Strategy is no longer solely focused on the accumulation of bitcoin. The company has launched a massive cash reserve, intended to support dividends on its preferred shares. The total amount stands at $1.44 billion, funded by a flash sale of MSTR shares in less than nine days.
This financial buffer represents 2.4% of Strategy’s bitcoin holdings value. It is intended to ensure the company’s stability in case of turbulence, with the ultimate goal of covering 24 months of dividends.
Concurrently, the company acquired an additional 130 BTC for $11.7 million, bringing its total holdings to 650,000 bitcoins. This represents 3.1% of the crypto asset’s maximum supply.
2025 Targets Revised Downward Despite Strong Commitment
Not all aspects of Strategy's outlook are entirely optimistic. Despite its record reserves, Strategy appears to be adjusting its bitcoin forecasts for 2025. The expected BTC yield now ranges between 22% and 26%, with a price projection between $85,000 and $110,000 by year-end.
Profit expectations have also been lowered from $20 billion to a range of $8.4 to $12.8 billion. The targeted operating income is similarly adjusted down from $34 billion to between $7 and $9.5 billion.
For many crypto analysts, this recalibration does not negate Strategy’s committed investment strategy. However, it does signal increased caution.
In any case, Strategy seems to be gradually transforming into a hybrid model. This strategic shift could inspire other listed companies exposed to the crypto market. Michael Saylor’s bitcoin bet remains bold, yet it is now rooted in a more robust financial architecture.