@wazawski
**MicroStrategy Bitcoin Update:**
The current CEO stated the company may consider selling Bitcoin if the stock falls below mNAV and funding options dry up.
They emphasized this would be a purely financial decision. As a Bitcoin-holding company, they prefer not to sell BTC, but in a downturn, financial priorities outweigh emotions.
Currently, MicroStrategy pays fixed dividends of $750M–$8 per year to shareholders from preferred stock offerings. These funds were raised to buy BTC, meaning the company has significant annual obligations to cover costs.