PiCK
Strategy Says Current Dividend Is Covered for 1.8 Years by Cash, Up to 31 Years Including Bitcoin
Summary
- Strategy said its current dollar reserves alone can support payments of its current dividend for about 1.8 years.
- Including Bitcoin (BTC) reserves would allow the company to keep paying its current dividend for as long as 31 years.
- Strategy said it added another $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 sustain its current dividend for about 1.8 years using its existing dollar reserves alone. Including its Bitcoin holdings extends that coverage to as long as 31 years.
Chaitanya Jain, Strategy's Bitcoin strategy manager, wrote in a post on X on July 20 that current dividend coverage stands at 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.
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