Michael Saylor is back in the spotlight, this time for floating the idea of using Bitcoin sales to fund corporate dividends at Strategy (STRC). The company already uses proceeds from Bitcoin transactions to retire debt, but the dividend proposal has drawn fresh criticism from skeptics who accuse the firm of buying at weekly price peaks. Saylor pushed back Thursday, calling the critique a fundamental misunderstanding of Strategy's approach.
The dividend proposal and debt retirement
Strategy currently uses Bitcoin transaction proceeds to retire corporate debt. Saylor discussed extending that model to fund dividends, effectively turning BTC holdings into a source of shareholder payouts. The idea isn't new for Saylor — he's hinted at it before — but this week's comments gave it more weight. The company holds billions in Bitcoin, and any dividend would mark a shift from the traditional "HODL" narrative.
Critics point to peak buying — Saylor disagrees
Some market observers argue that Strategy's regular Bitcoin purchases often occur at the weekly high, suggesting poor timing. Saylor disputes that claim, calling it a misunderstanding of the firm's approach. He points to the long-term accumulation strategy and the scale of the company's holdings as factors that make short-term price analysis irrelevant. The debate has been simmering for months, but the dividend talk brought it back into focus.
No timeline yet for a dividend decision
No concrete date has been set for a dividend announcement. Strategy will continue to accumulate Bitcoin and service its debt through periodic sales. The question of whether those sales are efficiently timed will keep drawing scrutiny, especially as BTC price swings remain volatile. The next big moment for the company could come with its quarterly report, due in late July, where any dividend plans would likely be disclosed.
