Woofun AI reports that Strategy has increased its dollar reserves from $25.5 billion to $30 billion, sufficient to cover approximately 20 months of preferred stock dividends. This accumulation is viewed as a positive indicator for Bitcoin, as rebuilding reserves to cover two to three years of dividends would mitigate concerns regarding potential Bitcoin sales to meet dividend obligations.

Meanwhile, Chicago Mercantile Exchange Bitcoin futures and perpetual contracts have recorded net inflows this week, driven primarily by institutional investors, contrasting with recent outflows from spot Bitcoin ETFs.

Leveraged ETFs linked to Strategy have maintained stable, positive flows over the past seven weeks, largely due to retail buying, which supports the company's common stock price above its Bitcoin holdings' net asset value. Strategy CEO Phong Le stated that the balance sheet remains secure, noting debt risks only if Bitcoin drops to the $8,000-$10,000 range. The company plans to issue more shares after STRC preferred stock returns to $100 face value to expand Bitcoin holdings and dollar reserves. Morgan Stanley reiterated that Strategy is not the primary structural threat to Bitcoin, identifying permissioned blockchain adoption as a greater risk to public chains.