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Strategy CEO Says Bitcoin Needs 2.2% Annual Gain to Sustain Dividends

Strategy CEO Says Bitcoin Needs 2.2% Annual Gain to Sustain Dividends

Photo: TokenPost

Strategy CEO Phong Le said Bitcoin (BTC) would need to rise 2.2% annually for the company to sustain dividend and interest payments indefinitely, a threshold he described as evidence that its digital-credit model works. Le has also said daily dividends would support Strategy's digital-credit and equity products and help it increase its Bitcoin holdings, as outlined in earlier comments about the company's plan . John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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