Strategy’s $4B reserve backs STRC at $95, eyes $18B capacity reopening

https://www.economist.com/finance-and-economics/2025/12/04/bitcoin-has-plunged-strategy-inc-is-an-early-victim Strategy Inc. has confirmed that it possesses a reserve of $4 billion, which is sufficient to cover over two years of dividends and debt interest for its STRC preferred stock. This financial buffer supports the stock at a price of $95 and suggests potential for reopening $17.5 billion of capacity should STRC maintain a price range of $99 to $100. The company’s capacity to support STRC is bolstered by a 12% dividend rate, which is crucial to keeping the stock near its par value of $100. Market participants appear to interpret this financial stability as supportive of positive outcomes for STRC, with the December 31 sub-market showing a 66.5% YES probability for STRC hitting $100. This is up from 64% just 24 hours ago and a significant increase from 36% a week ago, suggesting growing confidence. Observers note that Strategy’s ability to back STRC with its reserve could positively impact the stock’s performance, potentially leading to a reopening of significant financial capacity if the price remains strong. In addition, Strategy’s plans to allocate proceeds from any potentia...