According to Strategy's 8-K filing with the US SEC, its BTC monetization program has no fixed maturity date, can be modified, suspended, or terminated at any time, and does not require the sale of BTC to pay dividends, interest, or repurchase securities. Andrew Kang, Chief Financial Officer of Strategy, stated that the plan gives Strategy flexibility to leverage some of its Bitcoin reserves to strengthen digital credit, replenish US dollar reserves, pay dividends and interest, or engage in value-added buybacks when monetization is more profitable than issuing common stock. Strategy has $2.55 billion in reserves and $1.25 billion in board authorized Bitcoin monetization quota, with approximately 25.9 months of preferred stock dividend liquidity coverage.
