Strategy holds $4.75B cash reserve as Bitcoin alone fails to satisfy investors

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Strategy has accumulated a $4.75 billion cash cushion alongside its substantial Bitcoin holdings. The move comes after the company recognized that traditional investors do not treat Bitcoin reserves as an equivalent to cash or dollars. Despite holding massive amounts of Bitcoin, Strategy found that institutional and conventional investors still demand liquid dollar reserves. The cash buffer reflects a strategic shift to meet broader investor expectations beyond its crypto-heavy balance sheet.

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