Bitcoin24h $117,815.90-0.09%

Ethereum24h $3,769.97-0.67%

XRP24h $3.14-0.89%

BNB24h $811.42-2.63%

Solana24h $181.03-2.67%

Dogecoin24h $0.2230-3.59%

TRON24h $0.3377+4.41%

Cardano24h $0.7838-2.34%

Hyperliquid24h $43.94-3.38%

Sui24h $3.83-4.77%

Michael Saylor will pay 18% dividends to buy bitcoin if he has to

Michael Saylor has invented yet another way to raise capital to buy BTC for Strategy: STRF preferreds with higher cash dividends.

CHART: Bitcoin crashes toward Strategy (MSTR) cost basis

The cost basis of Strategy’s bitcoin purchases has steadily risen over time, yet the price of bitcoin itself is on the decline.

Strategy (MSTR) owes $8.2 billion to creditors. Bitcoin needs to stay above a certain price for Michael Saylor to service these debts.

As the price of bitcoin declined 25% from its January 20 high, Michael Saylor started talking about selling kidneys to HODL.

Investors dumped Strategy (formerly MicroStrategy) stock following Michael Saylor’s four most recent bitcoin purchase announcements.