Strategy Establishes $1.44B Cash Reserve, Slashes 2025 Profit, BTC Yield Targets

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy Establishes $1.44B Cash Reserve, Slashes 2025 Profit, BTC Yield Targets Led by Executive Chairman Michael Saylor, the company also added to its bitcoin holdings last week, bringing its total stack to 650,000 BTC. By Stephen Alpher Dec 1, 2025, 1:37 p.m. Michael Saylor (Gage Skidmore/CC BY-SA 2.0/Modified by CoinDesk) What to know : Strategy (MSTR) has sold common stock to fund a $1.44 billion cash reserve to fund dividends on its preferred stock. The company sizably cut its full-year profit and BTC yield targets given the sharp recent declines in bitcoin's price. The company added modestly to bitcoin holdings last week, bringing its total stack to 650,000 coins. Facing questions from critics about its ability to fund dividends on its various classes of preferred stock, Strategy (MSTR) and its Executive Chairman Michael Saylor early Monday announced the formation of $1.44 billion U.S. dollar reserve. The reserve was funded via the sales last week of common stock and the company initially intends to keep enough money in the reserve to fund at least twelve months of dividends, according to a press release . Strategy further intends to add to the reserve with the ultimate goal of covering 24 months or more of dividends. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . CEO Phong Le noted the reserve currently covers 21 months of dividends. New targets Given the reality of the recent plunge in bitcoin BTC $ 86,014.80 prices (down another 5% to $86,000 on Monday morning) against company expectations for $150,000 at year-end, Strategy also adjusted its full-year profit and bitcoin yield targets. Now assuming a year-end price range of $85,000-$110,000, Strategy is guiding to a full-year net income ranging from a loss of $5.5 billion to gain of $6.3 billion. The so-called bitcoin yield target has been cut to a range of 22%-26% versus the previous target of 30%. The full-year bitcoin dollar gain target has been cut to $8.4 billion to $12.8 billion against the previous target of $20 billion. Fresh bitcoin buys The company also announced modest new bitcoin buys of 130 coins for $11.7 million, or $89,860 per BTC. That brings Strategy's stack to 650,000 BTC acquired for $48.38 billion, or $74,436 per coin. The purchase was funded via last week's sales of 8.214 million shares of common stock, which raised $1.478 billion. The bulk of that money went to fund the previously mentioned dollar reserve. MSTR shares are lower by 4.4% in premarket trading alongside bitcoin's steep overnight price decline. Strategy Michael Saylor Bitcoin News Breaking News More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Polkadot Plunges 11% Breaking Below $2.05 Support Level Amid Broader Selloff By CD Analytics , Will Canny | Edited by Aoyon Ashraf 1 minute ago DOT collapsed to $2.02 as technical breakdown accelerated on massive volume, exposing the psychological $2.00 level. What to know : DOT plunged from $2.27 to $2.02, breaking critical support. Volume surged 280% above average during the decisive breakdown at midnight. Technical structure turned bearish with resistance capping recovery attempts at $2.09. 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