Strategy’s Bitcoin Sale Sparks Focus on Dividend Strategy
- Strategy sold 32 BTC for $2.5 million to fund preferred stock payouts.
- The company maintained an annual dividend rate of 11.50% for its STRC shares starting June.
- Strategy still holds a significant reserve of 843,706 BTC, valued at $63.87 billion by purchase price.
- A $900 million USD reserve was reported to support dividends and debt interest.
- Michael Saylor emphasized STRC as a key credit instrument without mentioning the Bitcoin sale.
The sale marks Strategy’s first publicized Bitcoin transaction, raising questions about future BTC sales to meet dividend obligations amid its long-standing accumulation strategy.
Despite selling a small portion of its holdings, Strategy maintains a robust Bitcoin reserve while focusing on supporting its preferred stock dividends and credit instruments like STRC.Source
