Strategy’s USD liquidity reaches $6.69B, enough to cover 47 months of dividends and debt interest

Strategy has accumulated $6.69 billion in USD liquidity as of August 23, 2026, giving the company roughly 47 months of runway to cover preferred dividends and debt interest payments. Breaking down the $6.69 billion The total liquidity figure is split into two distinct buckets. The larger one is a $5.1 billion USD Reserve, which is earmarked exclusively for preferred stock dividends and debt interest payments. The second bucket is a newly created $1.59 billion USD Cash pool designed for general corporate use, giving Strategy flexibility for things like acquisitions, share repurchases, and operational spending without dipping into the restricted reserve. The company’s annual tab for preferred dividends and interest runs to approximately $1.76 billion. Simple math puts the coverage ratio at about 47 months at current spending rates. That calculation assumes no additional revenue, no further capital raises, and no changes to the dividend and interest schedule. Funding for this liquidity boost came from a capital raise completed between August 17 and August 23, during which Strategy sold approximately 18.26 million shares of MSTR common stock. The raise brought in roughly $2 billion, wh...