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Strategy May Sell Bitcoin to Fund STRC Dividends, Saylor Says
Michael Saylor said Strategy may sell bitcoin to fund STRC dividends, even though the company holds 818,334 BTC. Saylor said bitcoin would need to appreciate 2.3% annually for Strategy’s current holdings to cover those dividend obligations indefinitely without selling common stock. CEO Phong Le said Strategy still wants to be a net bitcoin aggregator.