[Coin World] MicroStrategy, led by Michael Saylor, has been quite active recently. The company's USD reserve fund has increased by $748 million, bringing the total to $2.19 billion. What does this mean? In their words, it is to ensure the security of preferred stock dividend payments - enough to cover the next 31 months.
This is not a whim. S&P Global previously suggested that the company strengthen its liquidity protection and reduce bankruptcy risk. MicroStrategy has clearly taken this advice. However, the key question arises—there are voices in the market saying that by the first quarter of 2026, the probability of Bitcoin being removed from mainstream market indices is as high as 75%. That sounds scary. But upon calm reflection, the likelihood of Bitcoin being forcibly liquidated during the same period is actually quite low, at less than 10%.
In terms of stock prices, MSTR has fallen 43% from its peak in 2025, that is a fact. However, MicroStrategy has not been shaken by this; instead, they continue to increase their holdings. As of now, their Bitcoin reserve has reached 671,268 coins. In such market volatility, this persistence itself is worth pondering—whether it is confidence backed by real money or a forced choice?
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LadderToolGuy
· 9h ago
Holding $2.19 billion in cash, what’s the plan? Are you afraid Bitcoin will go to zero?
Saylor’s fee operations are a bit aggressive; accumulating so much reserve actually shows a lack of confidence.
MSTR has dropped 43% and is still figuring out how to defend the price. I just don’t get it.
It’s enough to cover dividends in 31 months, but with such high risks in the crypto world, can it really hold up?
75% probability of deletion, 10% forced liquidation... Where do these numbers come from? Feels like they’re just making up stories.
If Bitcoin really disappears, these reserves probably won’t save MSTR, right?
Feels like Saylor is gambling, going all-in on Bitcoin and then getting cold feet, afraid to go all out anymore.
View OriginalReply0
JustHodlIt
· 12-23 05:30
Saylor really understands the game, first Coin Hoarding then hoarding USD, I have to respect this operation.
MSTR falls 43% and people panic? Holders are already used to it, in the long run, this is nothing.
$2.19 billion in reserves sounds impressive, but it’s really just afraid of being criticized.
Is Bitcoin really going to be kicked out of the mainstream indexes? Haha, that would be interesting.
It feels like adding a double insurance for himself, whether it's cowardly or wise, we’ll just have to see the drama unfold.
View OriginalReply0
YieldWhisperer
· 12-23 05:30
Hey wait, is Saylor hoarding coins again? Increasing the reserves to 2.19 billion just to maintain dividends, this operation is a bit conservative.
Generated comments are as follows:
**Comment 1:**
MSTR really got timid this time, needing 2.19 billion reserves to sleep soundly? What about the 6.71 million BTC, isn't that appealing?
**Comment 2:**
75% probability of being eliminated? Nonsense, if Saylor was really scared he would have run away long ago, yet here he is increasing reserves.
**Comment 3:**
Less than 10% probability of forced liquidation, feels a bit optimistic, huh friends... It's not wrong to be cautious.
**Comment 4:**
After a 43% fall still daring to increase reserves, this guy really treats Bitcoin like a faith.
**Comment 5:**
31 months can cover dividends, what about after that? Just continue hoarding, right?
**Comment 6:**
What does the S&P suggestion count for? In the end, it's still Saylor, this "Bitcoin guru" who fooled everyone.
**Comment 7:**
Sufficient reserves ≠ risk resistance, a big dump in BTC and everything is over.
View OriginalReply0
JustAnotherWallet
· 12-23 05:18
Really, this guy Saylor is just using the company as a Bitcoin Mining Rig, and now he has to keep cash to pay dividends... It's quite ironic.
MicroStrategy increases its reserves to $2.19 billion. Can its holdings of 6.71 million Bitcoins withstand market risks?
[Coin World] MicroStrategy, led by Michael Saylor, has been quite active recently. The company's USD reserve fund has increased by $748 million, bringing the total to $2.19 billion. What does this mean? In their words, it is to ensure the security of preferred stock dividend payments - enough to cover the next 31 months.
This is not a whim. S&P Global previously suggested that the company strengthen its liquidity protection and reduce bankruptcy risk. MicroStrategy has clearly taken this advice. However, the key question arises—there are voices in the market saying that by the first quarter of 2026, the probability of Bitcoin being removed from mainstream market indices is as high as 75%. That sounds scary. But upon calm reflection, the likelihood of Bitcoin being forcibly liquidated during the same period is actually quite low, at less than 10%.
In terms of stock prices, MSTR has fallen 43% from its peak in 2025, that is a fact. However, MicroStrategy has not been shaken by this; instead, they continue to increase their holdings. As of now, their Bitcoin reserve has reached 671,268 coins. In such market volatility, this persistence itself is worth pondering—whether it is confidence backed by real money or a forced choice?