Core Insights - Strategy, led by Michael Saylor, has announced a 10.5% monthly dividend on its STRC stock, reflecting confidence in its Bitcoin-backed financial structure following a positive Q3 report with $3.9 billion in profits, a significant turnaround from a loss of $432.6 million in Q3 2024 [1][2]. Group 1: Dividend and Financial Performance - The 10.5% dividend represents a 0.5% increase from the previous month's payout of 10.25% [2]. - Strategy's perpetual preferred stock, STRC, is overcollateralized by historical Bitcoin profits to mitigate downside volatility [2]. - The company currently holds 640,808 BTC with unrealized gains of $23.2 billion [3]. Group 2: Market Trends and Investor Behavior - Bitcoin's price closed around $110,150 in October, marking an 8% decline, which led to a selloff among Bitcoin treasury firms, reducing their aggregate market capitalization from $142.4 billion to $123.6 billion, a decline of $18.8 billion or 13% [3][4]. - Despite the downturn in stock prices for crypto-exposed firms like Marathon Digital and Galaxy Digital, the total Bitcoin held by treasury firms increased from 800,710 BTC to 804,680 BTC, indicating a rise of 3,970 BTC valued at approximately $437.8 million [4]. - This countercyclical buying behavior suggests institutional confidence in Bitcoin as a strategic treasury asset, even amid market turbulence [5]. Group 3: Future Outlook - Strategy's intent to raise liquidity for additional Bitcoin purchases may attract new market entrants and sustain demand in November [5].

21Shares Launches DYDX Fund as Institutions Eye Crypto Derivatives Market► https://t.co/5hjJCTCkAs https://t.co/5hjJCTCkAs ...