Michael Saylor, CEO of Strategy Inc., has stated that Bitcoin’s 20% annual gain is sufficient to cover the 12% dividend of the company’s perpetual preferred stock, STRC. The market now assigns an 89.5% probability to STRC reaching its $100 target by December 31, up from 80% a week ago. This increase reflects growing investor confidence in Bitcoin’s ability to support Strategy’s financial obligations. The company relies on Bitcoin appreciation to sustain its dividend payments and maintain the stability of its preferred stock.
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