Michael Saylor Says Just 2% Bitcoin Growth Covers MicroStrategy’s Dividends Forever
April 12, 2026
MicroStrategy revealed that its Bitcoin (BTC) holdings need just 2.05% annual growth to cover all preferred stock dividends indefinitely, without issuing new common shares.
Chairman Michael Saylor shared the metric in a post, alongside a chart showing the firm’s 766,970 BTC reserve valued near $58 billion.
MicroStrategy’s BTC Breakeven Annual Rate of Return measures the minimum bitcoin appreciation needed to service dividend payments on its preferred stock, including STRC.
“Our BTC Breakeven ARR is ~2.05%. If Bitcoin grows faster than that over time, we can cover our dividends indefinitely without issuing new $MSTR shares,” wrote Saylor.
At 2.05%, that threshold sits far below Bitcoin’s historical annualized returns.
The company’s dashboard shows roughly 48.7 years of dividend coverage at current reserve levels. Strategy holds 766,970 BTC acquired at an average price of $75,648 per coin, with total holdings valued near $54.58 billion.
STRC, Strategy’s Variable Rate Series A Perpetual Preferred Stock, currently yields 11.5% annually.
Stretch Dividend Rate maintained at 11.50% for April 2026. $STRC pic.twitter.com/8Jl0QlfNhK
— Michael Saylor (@saylor) April 1, 2026
The instrument trades near its $100 par value and pays monthly cash dividends. Proceeds from STRC issuances fund additional Bitcoin purchases.
Saylor posted the breakeven data alongside a separate “Think ₿igger” message featuring Strategy’s cumulative purchase chart. His Sunday posts have historically preceded Monday 8-K filings disclosing new large BTC acquisitions.
Think ₿igger. pic.twitter.com/L1yH3n0k7t
— Michael Saylor (@saylor) April 12, 2026
The low breakeven suggests that even modest long-term Bitcoin appreciation generates enough value from MicroStrategy’s reserve to service high-yield preferred dividends while supporting continued accumulation.
Read the Original story Michael Saylor Says Just 2% Bitcoin Growth Covers MicroStrategy’s Dividends Forever by Lockridge Okoth at beincrypto.com
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