Michael Saylor says bitcoin gains can fund Strategy's STRC dividends indefinitely if BTC appreciates over 3.3% a year, calling the metric misunderstood.

The company sold 3,588 bitcoin last week to replenish its dollar reserves for dividends on its preferred stock.

Strategy sold 32 Bitcoin for $2.5M to fund preferred stock dividends, posting $8.32B in unrealized losses and sending MSTR shares down over 8%.