Strategy holds $4.75 billion in cash, covering approximately 2.7 years of dividends expenditure
On 11 August, the digital asset and commercial software company Strategy currently held $4.75 billion in cash, which, according to CEO Phong Le, could cover approximately 2.7 years of dividends expenditure. Phong Le states that institutional investors and investors who invest short-term funds in Strategy products value cash flow more. Strategy has introduced priority equity products, such as STRC, to provide an option for investors who seek the relevant returns in bitcoin and wish to reduce volatility. Strategy holds about 840,000 bitcoins, or about 4 per cent of the final total supply of 21 million bitcoins. According to Phong Le, the company is buying and owning bitcoin from a simple source and expanding to a digital finance platform around bitcoin. Strategy ' s software business remains part of the company ' s plan. Corporate software revenues increased by 7 per cent over the same period and cloud subscriptions by 54 per cent; approximately 1,500 employees covered positions such as lawyers, finance, AI engineers, developers and marketing staff。
