Michael Saylor’s Bitcoin Plan Has A Cost — Strategy Must Pay $689M Just To HODL
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Strategy Inc. (NASDAQ:MSTR) faces rising costs to maintain its massive Bitcoin (CRYPTO: BTC) treasury, with annual obligations now topping $689 million, according to a new report.
Strategy Inc., formerly MicroStrategy, holds about $66 billion in bitcoin and plans to never sell its holdings.
That goal, however, comes with large yearly cash commitments for debt coupons, preferred dividends, and operating costs.
According to Protos, Strategy reported annualized dividend and interest expenses of $689 million as of Oct. 24, a figure expected to grow.
Executive chairman Michael Saylor has pledged continued Bitcoin accumulation, but new acquisitions add more preferred dividend obligations each quarter.
The company’s own forecast suggests these costs will reach several billion dollars over time.
Strategy generates limited income from its core business, reporting less than $355 million in revenue during the first nine months of 2025.
Most of its $12 billion in operating income came from unrealized bitcoin appreciation rather than core operations.
To cover expenses, Strategy relies heavily on selling new equity — both MSTR common stock and preferred shares.
Preferred stock offerings under tickers STRK, STRF, STRD, STRC, and STRE fund bitcoin purchases without immediate dilution.
Yet each new preferred issue increases dividend commitments that must be paid in cash.
Saylor has said the firm prefers equity to new debt because bonds require fixed coupon and principal payments.
MSTR stock price has broken below its long-term ascending support line that held since early 2024.
The price now sits under all key exponential moving averages, creating a heavy resistance band between $283–$331.
Immediate support lies between $250–$235; failure to defend that range risks a deeper move toward $210–$195.
A daily close above $283 would invalidate the breakdown and restore bullish structure.
Until then, momentum remains with sellers as the chart trends lower alongside broader crypto weakness.
Image: Shutterstock
Trending Now:
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.
Vinovest lets investors diversify into fine wine — a historically stable, low-volatility asset class that has outperformed the S&P 500 over multiple decades. With professionally managed portfolios, secure storage, and insurance included, users can invest in wine without needing to be experts themselves. Minimums start at $1,000, and investors retain full ownership of their wine, which has the potential to appreciate in value as global demand grows.
For those seeking fixed-income style returns without Wall Street complexity,Worthy Property Bonds offers SEC-qualified, interest-bearing bonds starting at just $10. Investors earn a fixed 7% annual return, with funds deployed to small U.S. businesses. The bonds are fully liquid, meaning you can cash out anytime, making them attractive for conservative investors looking for steady, passive income.
Moomoo isn’t just for trading — it’s also one of the most attractive places to park cash. New users can earn a promotional 8.1% APY on uninvested cash, combining a 3.85% base rate with a 4.25% booster once activated. On top of that, eligible new users can also score up to $1,000 in free Nvidia stock—but the real draw here is the ability to earn bank-beating interest rates without having to move into riskier assets.
SoFi gives membersaccess to a wide range of professionally managed alternative funds, covering everything from commodities and private credit to venture capital, hedge funds, and real estate. These funds can provide broader diversification, help smooth out portfolio volatility, and potentially boost total returns over time. Many of the funds have relatively low minimums, making alternative investing accessible.
Range Wealth Management takes a modern, subscription-based approach to financial planning. Instead of charging asset-based fees, the platform offers flat-fee tiers that provide unlimited access to fiduciary advisors along with AI-powered planning tools. Investors can link their accounts without moving assets, while higher-level plans unlock advanced support for taxes, real estate, and multi-generational wealth strategies. This model makes Range especially appealing to high-earning professionals who want holistic advice and predictable pricing.
For investors concerned about inflation or seeking portfolio protection, American Hartford Gold provides asimple way to buy and hold physical gold and silver within an IRA or direct delivery. With a minimum investment of $10,000, the platform caters to those looking to preserve wealth through precious metals while maintaining the option to diversify retirement accounts. It’s a favored choice for conservative investors who want tangible assets that historically hold value during uncertain markets.
