Strategy Establishes 24-Month Dollar Reserve Amid Bitcoin Correction Risk

Strategy has established a 24-month dollar buffer reserve, acknowledging non-zero probability of deep or prolonged Bitcoin corrections, CryptoQuant reported Wednesday. The dual-reserve model holding both dollars and Bitcoin reduces forced liquidation risks during downturns, marking a shift from the company's 2020-November 2025 approach of continuous Bitcoin accumulation through equity and convertible debt issuance. CryptoQuant notes this transition means reduced marginal Bitcoin buying will weaken demand channels seen in previous bull cycles, while dollar reserves and disclosed hedging capabilities significantly lower forced-sale probability during financial stress.