Prioritizing debt repayment confirmed! MicroStrategy officially announced tonight that it has established a new $1.44 billion reserve fund specifically for paying dividends and debt interest to preferred shareholders. They aim to ensure that even if there’s no new revenue for a year and Bitcoin’s price crashes, the company can still maintain stable interest payments without facing financial risks. Previously, the company raised funds to buy BTC by issuing preferred shares with fixed annual interest rates, which resulted in the company having to spend a significant amount of money annually to cover the costs. Currently, MicroStrategy needs to pay $750–800 million annually in fixed dividends to shareholders who participated in the preferred share fundraising. A large portion of this money comes from selling stock on the market (but the stock price is currently terrible, making it difficult to continue selling). The establishment of this reserve fund is aimed at ensuring the company won’t face a debt crisis in the short term.