đš Strategy Can Pay Dividends âForeverâ â Michael Saylor Explains
Despite a $12.6B Q4 loss and Bitcoin dipping to $63K, Strategyâs dividends are safe.
Why:
BTC reserve: 713,502 coins (~$45B)
Annual dividends: $888M â coverage for 67 years at current BTC
Cash reserve: $2.25B â 30 months of dividends without touching BTC
Operations strong: revenue up, BTC yield 22.8%, leverage controlled at 13% (half of peers).
Worst-case? BTC would need to fall ~90% before reserves equal debt.
đĄ Bottom line: Dividends funded, leverage safe, Bitcoin strategy intact. Long-term growth, stress-tested in real time.