Michael Saylor Says Strategy Will Stay Disciplined On MSTR Issuance, But Peter Schiff Warns It Has Become

Strategy Inc.

(NASDAQ:MSTR) Executive Chairman Michael Saylor outlined the company's capital allocation strategy and dividend coverage, drawing sharp criticism from longtime Bitcoin (CRYPTO: BTC) skeptic Peter Schiff.

Strategy To Remain Disciplined In an X post on June 29, Saylor said Strategy expects to remain disciplined in issuing new common shares, particularly when the company's stock trades at or near 1x mNAV (net asset value).

In a separate post, he highlighted the company's liquidity position, saying Strategy has significant capacity to support preferred dividend payments.

"With $2.55 billion of USD Reserve and $1.25 billion of BTC monetization capacity for reserve-building, Strategy has $3.80 billion of dividend coverage, representing 25.9 months," he explained.