Strategy Retains Nearly 500,000 Bitcoins as Trump Announces U.S. Crypto Reserve
The company declares its first preferred stock dividend and reports $2.6 billion in Bitcoin investment profits for early 2025.
- Strategy, formerly MicroStrategy, confirmed it did not purchase additional Bitcoin last week, maintaining its holdings at 499,096 BTC acquired for $33.1 billion.
- The company announced a $1.24 per share quarterly dividend for its 8.00% Series A perpetual preferred stock, payable March 31 to shareholders of record on March 15.
- Michael Saylor, Strategy's executive chairman, predicted Bitcoin's market cap could grow to $200 trillion during a CNBC interview, citing global capital inflows.
- President Trump's announcement of a U.S. strategic crypto reserve, including Bitcoin, Ethereum, and other cryptocurrencies, drove Bitcoin's price to $95,000 before retreating to $87,400.
- Strategy's stock saw pre-market gains of 13% following Bitcoin's rally but closed lower, reflecting investor caution despite a significant unrealized profit on Bitcoin holdings.