Data: Strategy has dropped over 11% during the session and has closed lower for four consecutive months

Strategy (MSTR) has fallen over 11% during intraday trading, with a current market capitalization of approximately $44.8 billion; the company currently holds a total of 650,000 bitcoins, valued at around $48.4 billion, with an average price of $74,436 per bitcoin. MSTR has seen a decline for four consecutive months, with a drop of 34.26% in November.

Earlier reports indicated that Strategy announced the establishment of a $1.44 billion dollar reserve fund, specifically for paying preferred stock dividends and interest on existing debt. The funds for this reserve come from the proceeds of the company's Class A common stock sales under its market issuance plan.

Currently, Strategy needs to pay $750 million in annual dividends, which means that Strategy has enough funds to cover 23 months of dividends.