Michael Saylor indicates potential Bitcoin sales for dividends
- Strategy holds a total of 818,334 BTC, making it the largest publicly traded Bitcoin treasury company.
- The average cost of Strategy’s BTC holdings is $75,537 per coin, while Bitcoin is currently trading at around $79,976.
- Saylor mentioned the possibility of selling Bitcoin to fund dividends and stated that if BTC appreciates by more than 2.3% annually, dividends could be funded indefinitely without selling stock.
- Samson Mow emphasized that having optionality in selling BTC allows Strategy to better navigate market challenges.
- Concerns have been raised regarding shareholder dilution due to Strategy’s funding methods involving corporate debt and equity instruments.
Michael Saylor’s comments during the earnings call suggest that potential sales of Bitcoin could provide financial flexibility for dividends while addressing market dynamics effectively.
With an average acquisition cost of $75,537 per BTC and current prices around $79,976, Strategy aims to leverage its holdings for sustainable dividend funding.(Source)
