Key Takeaways MSTR offers greater bitcoin exposure; STRC targets dollar income. Cash reserves cover obligations, while buybacks can reduce them. A daily dividend proposal awaits an Oct. 28 shareholder vote. Strategy Uses Bitcoin for Capital and Dollars for Income Investors seeking income from Strategy’s bitcoin-focused business depend on the company’s ability to raise money and maintain dollar reserves. Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR), explained that process in his bitcoin income model published Sept. 29. He wrote: “Bitcoin itself pays no coupon. Strategy pays dividends under the terms of its securities.” That distinction separates direct ownership of …


