Michael Saylor, CEO of Strategy Inc., stated that Bitcoin's 20% annual gain is enough to cover the company's 12% dividend payout on its preferred stock, STRC. This aligns with Strategy's financial model, which relies on Bitcoin appreciation to sustain dividends and maintain STRC's $100 target price. Market confidence in STRC reaching $100 by year-end has risen to 89.5%, reflecting investor trust in Bitcoin's performance as a key factor. Investors will watch Bitcoin closely, as continued gains could further support STRC's dividend and price stability.
Bitcoin's recent performance is relevant market context for this story. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 02, 2026 16:02 WIB: out of 50 major cryptocurrencies, 34 rose and 15 fell today. Notable movers include MANA at Rp1.788 with an 11.82% increase, BAL at Rp16.297 up 11.14%, and ENJ at Rp579 rising 9.67%.
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