MSTR - MICROSTRATEGY CREATES $1.4 BILLION CASH RESERVE MicroStrategy (Strategy) has set up a $1.4 billion reserve to cover preferred-stock dividends and interest on its debt, funded through its ATM Class A share sales. CEO Phong Le said the company now holds 650,000 bitcoin—about 3.1% of all bitcoin that will ever exist—and the new reserve covers 21 months of dividend payments. In an SEC filing, the company reported buying 130 bitcoin for $11.7 million between November 17–30 at an average price of $89,960. Its total bitcoin holdings now stand at 650,000, acquired for about $48.4 billion at an average cost of $74,436 per bitcoin.(*Walter Bloomberg)