Exchanges· ★★★· neutral·

Saylor Details Strategy's Bitcoin Income Model: BTC as Capital, Dollars for Dividends

  • —Saylor: bitcoin pays no coupon, Strategy pays dividends under the terms of its securities
  • —STRC is preferred stock with a 12% annualized rate paid twice monthly
  • —Shareholders vote Oct. 28 on dividends accruing every calendar day
  • —If approved, STRC's first daily record date is Nov. 1, with payment Nov. 2
Why it matters: The model shows how Strategy funds dividends without selling bitcoin, a key factor for MSTR and STRC holders.
#BTC#MSTR
Source: Bitcoin.com
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