Strategy said Tuesday its dollar assets totaled $4.9 billion on Nov. 8, enough for 3.4 years of interest and preferred-dividend payments under its coverage measure.
Strategy also reported 850,364 Bitcoin (BTC) on Nov. 8. Its third-quarter results release showed 848,517 BTC and $5.07 billion in dollar assets on Oct. 25, with the same 3.4-year coverage reading.
The latest reading compared with 0.5 years at the end of May, according to the company. USD Duration is Strategy’s estimate of how long its designated dollar assets could fund interest and preferred dividends. Other potential claims on those assets, including convertible-debt maturities, fall outside the estimate.
EconoTimes previously covered Strategy’s digital-credit capacity.
