Strategy's Bitcoin-heavy reserve capital surpasses nearly all S&P 500 financial firms
Michael Saylor announced that Strategy’s Total Reserve Capital now exceeds that of every other financial firm in the S&P 500 index, except for Berkshire Hathaway. As of recent data, Strategy holds approximately $66 billion in reserve capital, largely driven by its Bitcoin holdings valued at nearly $65.8 billion from a portfolio of 845,050 BTC. This significant shift reflects an aggressive reallocation of the company’s balance sheet toward digital assets over several years through equity raises and debt financing. The firm has maintained liquidity to cover interest payments and preferred dividends while strategically selling Bitcoin in recent months before resuming purchases with a notable acquisition of 4,600 BTC last week. Strategy's financial structure increasingly resembles that of a leveraged Bitcoin vehicle rather than an enterprise-software company. This move positions it among the top reserve capital holders within the S&P 500 financial sector.
Tickers: $MSTR
Topics: Bitcoin Michael Saylor MSTR Reserve Capital S&P 500 Financial Firms