CryptoQuant warns Strategy's dividend coverage drops to 14 months

CryptoQuant warned that Strategy's cash reserve fell 38% year-to-date, covering only 14 months of dividends versus seven years prior. CEO Ki Young Ju urged the company to pause Bitcoin purchases and rebuild reserves. Dividend obligations nearly quadrupled to $1.2 billion, driven by STRC preferred stock with an 11.5% yield.