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So from my understanding BTC falling in Q1 created a $2.2B tax asset for MSTR.
BTC recovering means you can sell Bitcoin and use that shield to keep the full proceeds.
The crash actually made Bitcoin the companies cheapest source of capital, cheaper than equity dilution and cheaper than new STRC obligations.
So we are looking somewhere between 2.3% and 10% of BTC reserves annually is the realistic range for dividend funding. At current prices that's roughly $1.5B–$6B worth of Bitcoin per year.