Strategy CEO Phong Le established a $1.44 billion USD reserve to ease investor concerns during a Bitcoin slump. The reserve, funded through a stock sale, aims to cover 12 months of dividends initially and expand to 24 months. Strategy raised the funds in just over a week to combat FUD and demonstrate financial strength.

Phong Le of Strategy confirmed that the company would only sell Bitcoin as a last resort if the stock fell below net asset value and fresh capital was unavailable. The company also introduced a “BTC Credit” dashboard showing assets to cover dividends for over 70 years. Strategy’s recent $1.44 billion reserve aims to alleviate concerns over debt obligations.

Read more at Cointelegraph: Strategy $1.44B Raise Helped Address FUD, Says CEO