$BTC NEEDS JUST 3.3% ANNUAL GROWTH TO KEEP THIS ENGINE RUNNING 🔥
Michael Saylor just laid out the math: Strategy's BTC Breakeven ARR is only 3.3%. That means if Bitcoin appreciates faster than that, preferred dividends get paid indefinitely from capital gains. The company holds 843,775 BTC worth ~$53.8B at current prices, with a cash buffer of $2.55B that alone covers 17 months of payments.
The catch? Preferred dividends hit $229.5M last quarter — up 20x from a year ago. And JPMorgan warns of up to $1.25B in sell pressure from Strategy's BTC sales. Bitcoin is still 49% off its October peak, so this 3.3% hurdle faces a real stress test this year.
Are you watching the dividend coverage ratio or just the BTC price?
Not financial advice. Always manage your risk.
#BTC #MicroStrategy #Saylor #DividendSetup 🎯