[Strategy Raises $748 Million, Cash Reserves Increase to $2.19 Billion] Bitcoin reserve company Strategy (MSTR) announced that it has raised approximately $748 million through the issuance of common stock, increasing its cash reserves to $2.19 billion. TD Securities analysts pointed out that this additional funding can cover about 32 months of interest and dividend expenses, enhancing the company's liquidity and financial flexibility to weather a 'prolonged crypto winter.' TD Securities reiterated its 'Buy' rating for Strategy and maintained a 12-month target price of $500. As of the time of writing, Strategy's stock price is approximately $165, having fallen more than 43% year-to-date. Analysts believe the target price remains reasonable within a one-year timeframe.