MicroStrategy Lifts Cash Reserves to $2.2 Billion as Bitcoin Trades Near $87,700

On December 23, MicroStrategy expanded its cash holdings to $2.2 billion after raising $748 million via stock sales, aiming to secure roughly $824 million in annual dividends over the next 30 months and support $1 billion in convertible bonds maturing in September 2027. During this period Bitcoin was trading around $87,716.35, highlighting the firm's effort to buffer against ongoing crypto market volatility.