Strategy Adds $525M to USD Reserve, Pushing Dividend Coverage to 2.1 Years

Strategy increases USD reserves by $525M to $3.75B through stock offering

Strategy raised $525M via offering to $3.75B reserve; the BI software firm now operates as a Bitcoin holding company with 843,775 BTC (largest corporate treasury). With $1.76B annual obligations, equity dilution continues through mid-2028 as management front-loads liquidity for a leveraged Bitcoin position.