Mike Wazowski™ pfp
Mike Wazowski™

@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.
0 reply
8 recasts
15 reactions