According to Wu Blockchain, Grayscale's Head of Research Zach Pandl shared that Strategy recently adjusted its financing framework and sold approximately $216 million worth of BTC. This move could help restore market confidence in its capital structure, reduce tail risks in its financing setup, and support Bitcoin in forming a more solid bottom. Strategy holds around $52 billion in BTC, with debts of approximately $7 billion and annual preferred stock dividend obligations below $2 billion. The real market concern was its USD reserves, which at one point dropped to about $870 million, covering only around six months of dividends. Strategy has now clarified that it will maintain at least 12 months of dividend reserves through stock issuance or BTC sales. Currently, its USD reserves have risen to $2.55 billion, equivalent to roughly 17 months of dividend coverage. https://(wublock123.com)/news/grayscale-strategy-selling-reduces-bitcoin-tail-risk-64114