Michael Saylor says Strategy could sustain STRC dividends and endure decades with flat Bitcoin
Saylor said Strategy’s current capital structure could fund STRC preferred-stock dividends indefinitely if Bitcoin returns exceed 3.3%, while the company could last 40–50 years even with 0% annualized Bitcoin returns.
Michael Saylor said Strategy’s STRC preferred-stock dividends could be funded indefinitely if Bitcoin’s annual rate of return exceeds 3.3%, and that under the company’s current capital structure dividend funding could continue for 31 years even if Bitcoin returns are 0%. In separate remarks from a June 30 interview, Saylor also said MSTR could remain viable for 40–50 years even if Bitcoin delivers a 0% annualized return over the next 40 years. He said the dividend estimate assumes no change in capital structure and is not investment advice. Separately, BitcoinTreasuries.NET cited Strive CRO PunterJeffJeff Walton as saying Strategy’s recent sale of 3,500 Bitcoin was positive because it would strengthen support for STRC and future growth capacity, helping the company buy more BTC.
- preferred-stock dividends: Dividend payments tied to a preferred stock, which typically has priority over common shares for income distributions.
- capital structure: A company’s mix of financing, such as equity and debt, used to fund operations and obligations.
- annualized return: Average yearly investment return over time.