Strategy (MSTR) CEO Phong Le has clarified the company's financial position, stating it operates with a 12% leverage ratio, dispelling market concerns about excessive leveraging. Le highlighted that MSTR raised $1.44 billion in equity within eight days, ensuring 21 months of dividend coverage, which underscores its financial robustness. Additionally, Le emphasized that Strategy is a Bitcoin operating company, not an ETF, and is committed to maintaining a cash reserve sufficient for two to three years of dividends.