Strategy says its BTC reserve covers 32 years of dividends as STRC falls below $90

Michael Saylor’s Strategy says its Bitcoin reserve provides 32 years of dividend coverage. The claim is based on the firm’s BTC treasury being worth just under $55 billion versus $1.7 billion in dividend obligations. Critics argue the calculation depends on assumptions that may not hold, including Bitcoin’s price and whether Strategy needs to sell BTC to fund payouts.