Strategy Says 91% Of Balance Sheet Is Permanent Capital

Strategy, formerly MicroStrategy, said 91% of its balance sheet is funded by permanent capital and argued that makes its structure safer than JPMorgan’s deposit base. According to BeInCrypto, the company’s slide put its short-term funding gap at zero versus negative $1.2 trillion for JPMorgan, using definitions Strategy created itself. The post also said Strategy holds 845,050 Bitcoin, has no debt due inside 12 months, and paid $400.7 million in preferred dividends in the second quarter.