Strategy CEO responds to short-selling rumors: Raised $1.44 billion in eight and a half days, still buying Bitcoin in a bear market

[BlockBeats] Strategy’s CEO Phong Le recently discussed an interesting topic—how they deal with bear markets. During the 2022 Bitcoin crash, Strategy actually held strong. Their approach was: when the token price drops, they continue issuing stocks and bonds, raise funds at a premium above net asset value, and then buy Bitcoin at the bottom. Bear markets might slow things down a bit, but the overall direction stays the same.

Interestingly, there have been wild rumors in the market lately that Strategy can’t pay dividends, causing a bunch of people to short Bitcoin. Phong Le hit back directly: We have no payment issues whatsoever. To shut down these rumors, they made a big move—setting up a $1.44 billion dividend reserve fund.

Even more impressive, it took only eight and a half days to raise this $1.44 billion, enough to cover 21 months of dividends. He said the purpose of this was to silence the market and prove that even if Bitcoin keeps falling, Strategy can still raise money quickly. This move basically crushed the whole FUD(fear, uncertainty, doubt) narrative.