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Add as a preferred source on GoogleStrategy Says Dollar Assets Cover 3.4 Years of Interest and Dividends
As of Nov. 8, the company held 850,364 Bitcoin and $4.9 billion in dollar assets; its coverage figure was 0.5 years at the end of May.
Mentioned assets
Strategy said Tuesday, Nov. 10, that its dollar assets could cover 3.4 years of annual interest and dividend costs. The company compared that figure with 0.5 years at the end of May.
As of Nov. 8, Strategy held 850,364 Bitcoin (BTC) and $4.9 billion in dollar assets. The coverage measure expresses how long those assets could meet annual interest and dividend obligations.
Strategy’s earlier financing-metrics update also put dollar duration at 3.4 years.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.