PiCK
Strategy Says Dividend Can Be Sustained for Up to 31 Years With Bitcoin Reserves
Suehyeon Lee
Summary
- Strategy said it can continue paying dividends at the current rate for about 1.8 years using its existing dollar reserves.
- Including its Bitcoin reserves, Strategy said it could maintain the current dividend payout for as long as 31 years.
- Strategy said it added $225 million to its dollar reserves, bringing its holdings to about $3.2 billion and 843,775 BTC.
Forecast Trend Report by Period
Strategy can maintain its current dividend payout for about 1.8 years using its existing dollar reserves alone, or for as long as 31 years when its Bitcoin reserves are included.
Chaitanya Jain, Strategy’s Bitcoin strategy manager, wrote in a post on X on July 20 that the company’s current dividend coverage is 1.8 years based on dollar reserves and 31 years based on Bitcoin reserves.
Strategy recently added $225 million to its dollar reserves. As of July 19, the company held about $3.2 billion in dollar reserves and 843,775 BTC in Bitcoin reserves.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.