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Jiang Zhuo'er: MSTR does not have the risk of being forced to leverage and will not be unable to pay dividends According to a report by Golden Finance on June 18th, Jiang Zhuo'er from the Leibit Mining Pool stated that MSTR has $55 billion in BTC and only needs to pay $1.7 billion in STRC dividends annually, so selling BTC can pay dividends for 32 years. And STRC is a preferred stock, not a bond, and does not require repayment of principal, so MSTR does not have the risk of being forced to level leverage and will not be unable to pay dividends. But this statement itself is pessimistic about the market outlook. STRC has been severely unanchored and unable to raise funds again. Although MSTR has purchased BTC in the past two weeks, they have relied on big investment moves (issuing ordinary shares, losing when mNAV<1, and reducing the per share coin content) and cannot increase their investment every week.

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Today 2026-08-19
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