MSTR Retains Bitcoin, Declares Preferred Dividend As Michael Saylor Predicts $200 Trillion Market Cap For Bitcoin

Comments
Loading...

Strategy Inc. MSTR has announced that it has not sold any shares or bought additional Bitcoin BTC/USD in the week from Feb. 24 to March 2, 2025. The company has also declared a quarterly cash dividend on its preferred stock.

What Happened: According to an SEC filing dated March 3, Strategy Inc. MSTR and its subsidiaries currently hold around 499,096 Bitcoins, which were bought for a total of about $33.1 billion. This averages to roughly $66,357 per Bitcoin, including fees and expenses.

The company announced a quarterly cash dividend for its 8.00% Series A perpetual preferred stock, trading under the ticker symbol STRK on The Nasdaq Global Select Market. The dividend, nearly $1.24 per share, will be paid on March 31, to shareholders who are recorded as of the close of business on March 15.

Furthermore, Michael Saylor, co-founder and executive chairman of Strategy, predicted during an interview with CNBC on Monday that the market cap of Bitcoin would surge to $200 trillion. “Right now we're about $2 trillion in Bitcoin. It's going to $20 trillion, then it's going to $200 trillion, then it's growing 20% a year. And that capital is coming from overseas. It's coming from China, from Russia, from Europe, from Africa, from Asia,” stated Saylor.

SEE ALSO: Tim Cook Says ‘There’s Something In The Air’ — New MacBook Air Or A Surprise Product Launch On The Cards?

Why It Matters: On Monday, Strategy’s shares saw a 12.6% rise in the pre-market trading session, following a surge in Bitcoin’s value. This surge was triggered by President Donald Trump‘s announcement of a U.S. strategic cryptocurrency reserve, wherein the President declared his preference for Bitcoin and Ethereum. The stock also surged after Saylor announced in a post on X that the company’s Bitcoin investments generated $2.6 billion in profits during the first two months of 2025.

Saylor hailed Trump’s plan as "a more liberal economic policy," and emphasized that a well-organized digital asset policy would foster economic growth and encourage innovation.

Despite the pre-market rise, the stock ended 1.77% lower to close at 250.92 on Monday, as per BenzingaPro.

Image via Shutterstock

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

Posted In: