Strategy's Michael Saylor Says Selling Bitcoin to Fund Dividends Is 'Inconsequential'
Saylor said the company could sell Bitcoin to pay dividends, then added it would still buy 10 to 20 coins for every one sold.
- On May 5, Strategy executive chairman Michael Saylor told analysts the company might sell Bitcoin to fund dividends, marking a significant shift from its long-standing 'never sell' policy.
- Strategy launched its Stretch preferred stock in July 2025 to handle Bitcoin purchases, and Saylor clarified the company would buy 10 to 20 Bitcoin for every one it sells.
- Existing Bitcoin reserves need only 2.3% annual growth to cover dividend obligations indefinitely, and Strategy follows a rule to buy Bitcoin when its market cap-to-Bitcoin ratio exceeds 1.22x.
- Following the announcement, MSTR stock dropped 4.33% and Polymarket odds of a Bitcoin sale jumped to 87%, while critic Schiff argued the company would prioritize Bitcoin over dividends.
- Dismissing concerns as "inconsequential," Saylor described the STRC instrument as a robust perpetual swap designed to bend under stress without breaking, ensuring Strategy remains a net buyer.
13 Articles
13 Articles
Strategy's Michael Saylor says selling bitcoin to fund dividends is 'inconsequential'
Michael Saylor sat down with CoinDesk on selling bitcoin for dividends, retiring debt with STRC proceeds, and why critics who say Strategy buys the weekly top are missing the point.
Bitcoin (BTC) News: Saylor Says Strategy Will Buy 20x More Bitcoin Than It Sells
The post Bitcoin (BTC) News: Saylor Says Strategy Will Buy 20x More Bitcoin Than It Sells appeared first on 24/7 Wall St.. Quick Read The 20x buy-to-sell ratio comes straight from STRC, Strategy’s preferred stock that raised $3.2 billion in April against just $80 to $90 million in monthly dividend obligations, leaving the bulk of that capital to buy more Bitcoin. Saylor’s 20x framing wasn’t only damage control—he told Fortune it was aimed at …
Saylor Says Strategy Will Buy 10 to 20 Bitcoin for Every One It Sells
Strategy Executive Chairman Michael Saylor moved over the weekend to reframe his remarks from last week’s earnings call, telling interviewers that any sales of the company’s bitcoin treasury would still leave Strategy a net buyer by a wide margin. “Even if we were to sell one bitcoin, we’d be buying 10 to 20 more bitcoin,” Saylor said in a podcast interview. He compared the approach to a real estate developer selling appreciated property to fund…
Bitcoin Treasury Strategy Shifts as Michael Saylor Reveals When Strategy Could Sell BTC
The post Bitcoin Treasury Strategy Shifts as Michael Saylor Reveals When Strategy Could Sell BTC appeared first on Coinpedia Fintech News Michael Saylor has spent years telling investors to “never sell your Bitcoin,” but during a recent appearance on...
Michael Saylor addressed concerns after admitting that Strategy might sell some of its Bitcoin to cover dividends. In a recent interview, the executive argued that the effect would be marginal, explained how he decides between buying more BTC, repurchasing shares, or reducing debt, and responded to critics who say the firm buys Bitcoin right at its peak. Michael Saylor said that even if Strategy financed all its dividends by selling Bitcoin for…
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