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Strategy Extends Dividend Coverage Beyond 20 Months With Larger Cash Buffer

Josh1 min read

Strategy Extends Dividend Coverage Beyond 20 Months With Larger Cash BufferStrategy’s U.S. dollar reserve now covers 20.4 months of dividends after the company increased the balance to $3 billion, extending the duration of its liquidity supporting preferred securities. The $450 Million Expansion Behind Strategy’s 20-Month Dividend Cushion Strategy Inc. (Nasdaq: MSTR) disclosed on July 13 that its USD Reserve now provides 20.4 months of dividend […]

Source: https://news.bitcoin.com/strategy-extends-dividend-coverage-beyond-20-months-with-larger-cash-buffer/

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