Michael Saylor Says Strategy Will Continue To Create Shareholder Value As Long As Bitcoin Grows By This Much Annually

Core Viewpoint - Michael Saylor, Executive Chairman of Strategy Inc. (NASDAQ:MSTR), asserts that the company's business model can withstand Bitcoin's fluctuations and continue to provide value to shareholders [1][2]. Group 1: Business Model and Strategy - Saylor claims that as long as Bitcoin increases by 1.25% annually, Strategy can maintain its dividend payments indefinitely and enhance shareholder value [2]. - The company expects Bitcoin to grow approximately 30% annually for the next 20 years [3]. - Strategy is designed to endure an 80% to 90% drawdown while continuing operations, with current leverage at 10% to 15% and trending towards zero [4]. Group 2: Market Performance and Valuation - Strategy's valuation is now heavily reliant on its Bitcoin holdings rather than net income, with Bitcoin losing 14.80% of its value in a month, while MSTR stock has dropped as much as 37% [5]. - Economist Peter Schiff warns of a potential 'death spiral' for Strategy due to misunderstood high-yield preferred shares [5]. - Fundstrat strategist Tom Lee suggests that MSTR could become a market leader if Bitcoin recovers [5].