dividends

Founder of Strategy, Michael Saylor, stated in a post that Bitcoin is digital capital, MSTR is digital equity, and STRC is digital credit.The company's corporate strategy is to create two complementary products from Bitcoin capital: MSTR provides leveraged Bitcoin exposure and holds ownership of a growing digital credit business; STRC aims to reduce volatility, compress duration, and provide dollar returns. Creating digital credit requires active management of the entire balance sheet, including Bitcoin, dollars, debt, preferred stock, and common stock, involving multiple decisions regarding capital, liquidity, priority, dividend rates, payment frequency, and investor terms.The company's goal is to create the highest quality digital credit products: supported by financial resilience, disciplined capital allocation, and a more stable investor experience to provide attractive dollar returns. Dividends are visible outputs, but the quality of the underlying system is the core work.The company engineers products by managing capital, debt, and liquidity. Investors seeking Bitcoin price exposure can directly hold BTC or spot Bitcoin funds; meanwhile, MSTR investors buy equity in a company that simultaneously seeks Bitcoin leveraged exposure and digital credit business growth, accepting amplified volatility and downside risk. STRC investors pursue a different experience: dollar returns, reduced price volatility, and shorter duration characteristics, relying on the company's capital strength, priority debt position, dollar liquidity, and active management to achieve this.The two are interconnected—capital structure directs more volatility and return potential of Bitcoin towards common stock, thereby providing credit investors with more stable income claims. The company manages the balance sheet uniformly, creating leveraged exposure for equity investors and dampened exposure for credit investors, both relying on the company's strength and execution quality.To achieve this goal, Strategy continuously manages various levels of the capital structure, including issuing and repurchasing STRC, distinguishing between payment reserves and allocated cash, adjusting dividend rates, optimizing security terms, and seeking shorter durations and longer payment runways.The company emphasizes that digital credit is a discipline that requires continuous practice: stripping volatility, compressing duration, and extracting returns from Bitcoin capital. Bitcoin itself does not pay interest, and Strategy pays dividends through security terms. The ultimate goal is to build stronger digital credit and create greater long-term value for MSTR shareholders, reinforcing the quality of capital and equity value.

According to Bitcoin Magazine, the Bitcoin fintech company Castle announced that it will open its automated Bitcoin financial stack to individual users and launch a pioneering feature in this category: users can choose to receive dividend income in cash or Bitcoin at any ratio.Castle's revenue comes from the perpetual preferred stock STRC issued by Strategy, which was incorporated into the platform earlier this year and currently pays an annualized dividend of 12% on a semi-monthly basis. Users can receive 100% of the dividends in cash, convert 100% to Bitcoin, or choose any ratio between the two. According to the company, most users opt for a compromise solution, using cash to cover daily expenses while automatically reinvesting the remaining portion into Bitcoin with each dividend payout.Castle co-founder and CTO João Almeida stated that investors have long faced a dilemma of choosing between stable income and holding Bitcoin. Castle allows users to achieve both cash flow and long-term upside by automatically converting a portion of the dividends into Bitcoin. Previously, Castle only catered to business clients such as restaurants, gyms, accounting firms, and e-commerce; the opening of personal accounts was due to repeated requests from business owners. Castle was co-founded by Almeida and CEO Stephen Cole and has received investments from Boost VC and Winklevoss Capital.

According to the official announcement from Gate, 207 U.S. stock assets including Visa (V), Wells Fargo (WFC), Raytheon Technologies (RTX), Target (TGT), and Pfizer (PFE) have recently completed cash dividend distributions. Gate has completed the corresponding USDT settlement based on users' holdings, and the related process is handled automatically.This dividend distribution covers U.S. stock assets with dividend payment dates from August 31, 2026, to September 4, 2026, encompassing multiple industry sectors including technology and semiconductors, financial services, energy, consumer goods, healthcare, industrial manufacturing, real estate REITs, utilities, materials manufacturing, media and entertainment, telecommunications, and strategic ETFs.

BitMEX co-founder Arthur Hayes stated that Bitcoin has been hovering around $80,000 for most of this week, which may cause Strategy's Bitcoin strategy to lose its operational basis. Strategy currently holds 840,447 Bitcoins and needs to pay approximately $1.5 billion in dividends for STRK and STRC each year.The enterprise value mNAV of digital asset treasury company Strategy is approximately 1.01 times, with the underlying mNAV and diluted mNAV being approximately 0.73 times and 0.74 times, respectively, as of August 27, which is close to the book value of its held Bitcoins. Arthur Hayes pointed out that Michael Saylor can choose to issue new shares, directly sell Bitcoins, or cut preferred stock dividends. The dividend yield for STRK is 8%, while the dividend yield for STRC is between 10% and 11.5%.

According to Bloomberg, OnlyFans' operating company Fenix International announced its accounts on Tuesday, revealing that the late owner Leonid Radvinsky received dividends of up to approximately $709 million in the months leading up to his death, including $535 million for the fiscal year ending in November 2025, and another $174 million in batches during the first three months of 2026. Since acquiring OnlyFans, Radvinsky has received a total of over $2 billion in dividends.Bloomberg also disclosed that just weeks after Leonid Radvinsky's death, OnlyFans reached an equity deal with San Francisco investment firm Architect Capital at a valuation of $3.15 billion, with the latter acquiring about 16% of the shares and planning to collaborate with OnlyFans to develop financial services and products aimed at creators. Previously, it was reported that OnlyFans' controlling owner Leonid Radvinsky passed away from cancer at the age of 43.

Tushar Jain, co-founder of Multicoin Capital, stated that despite the significant rise in BTC, STRC has not re-pegged due to its low dividend levels. STRC was promoted as a fixed income product but has experienced a significant drawdown of about 30%.Tushar Jain pointed out that if investors need to bear such a level of drawdown risk, the yield of STRC must be significantly increased to provide adequate compensation for the aforementioned risk.

According to CryptoQuant monitoring, Strategy (formerly MicroStrategy) has increased its dollar reserves to $4.8 billion, which is enough to cover approximately 33 months of preferred stock dividends and debt interest expenses.This week's related operations show that the company raised $333.7 million through MSTR, added $149.1 million to its reserves, and used $132.2 million to repay $138.9 million of STRC debt. During this period, there were zero Bitcoin purchases and zero sales, and the dollar duration was extended by 41 days.

Binance announces that it will distribute dividends of Applied Materials (AMAT) and Microsoft (MSFT) to users holding AMATB or MSFTB balances through bStocks. After deducting applicable withholding taxes, fees, costs, and other expenses, the net cash dividend will be reinvested into additional units or fractional shares of the same underlying securities.Users holding AMATB or MSFTB at the snapshot time of August 20, 2026, 08:00 (UTC+8) will receive dividends in the form of AMATB or MSFTB bStocks tokens.

Gate has completed the cash dividend distribution for 100 US stock targets including ASML, MA, etc. The platform has proportionally settled the USDT dividend distribution for users holding the relevant stocks at the snapshot time, all processed automatically, requiring no action from users.This dividend distribution covers US stock targets with corporate dividend dates from 2026-08-03 to 2026-08-07, encompassing various industry sectors including technology and semiconductors, financial services, energy, consumer goods, healthcare, industrial manufacturing, real estate REITs, utilities, materials manufacturing, media and entertainment, telecommunications, and strategic ETFs. Representative targets include ASML, MA, COST, GD, etc.

According to BBX data, yesterday global listed companies disclosed the latest official data on adjustments and increases in their cryptocurrency asset reserves, with the core information as follows:Strategy cashed out $104.7 million for dividends and buybacks: Strategy Inc. (NASDAQ: $MSTR) submitted an 8-K filing to the U.S. SEC revealing that the company sold 1,638 bitcoins at an average price of approximately $63,957 from July 27 to August 2, 2026, totaling about $104.7 million. Of this, approximately $52.4 million was used to pay preferred stock dividends, and about $52.3 million was used to repurchase STRC preferred stock. As of August 2, Strategy held a total of 842,138 BTC (with a total holding cost of approximately $63.51 billion, at an average price of about $75,419).BitMine increased its holdings by 10,399 ETH last week: Bitmine Immersion Technologies (NYSE: $BMNR) officially disclosed that the company increased its holdings by another 10,399 Ethereum last week. As of August 2, 2026, its total Ethereum holdings have reached 5,797,813 ETH, accounting for approximately 4.8% of the total supply of Ethereum across the network.Capital B steadily increased its holdings by 1 BTC: French listed company Capital B (Euronext: $ALCAP) announced that it has again increased its holdings by 1 bitcoin in the secondary market. After this adjustment, the company's total bitcoin holdings rose to 3,140 BTC.The Smarter Web Company increased its holdings by 9 BTC: The Smarter Web Company (LSE: $SWC), a technology company listed in London, disclosed the latest treasury dynamics, revealing that the company recently increased its holdings by 9 bitcoins, bringing its total bitcoin holdings from the previous amount to 2,712 BTC.

Strategy's Bitcoin reserves can cover 31 years of dividends based on management calculations, while its dollar reserves can cover 1.8 years of recent dividend obligations. Chaitanya Jain, the head of investor relations for Strategy's Bitcoin products, disclosed this data on X. Documents submitted by Strategy to the U.S. Securities and Exchange Commission (SEC) show that its dollar reserves have reached $3.225 billion. The company stated that these reserves are used to pay preferred stock dividends and interest on outstanding debt.Strategy currently holds 843,775 BTC, with a purchase cost of approximately $63.69 billion and an average purchase price of $75,476. The company sold 2.73 million shares of MSTR stock, netting approximately $264 million. The documents indicate that Strategy did not issue preferred stock that week, did not conduct stock buybacks, and did not purchase Bitcoin. Its most recent disclosed Bitcoin purchase occurred on June 22.

Bitcoin Treasuries.NET posted on platform X that Michael Saylor of Strategy stated that if Bitcoin's long-term increase exceeds 3.3%, BTC capital gains can indefinitely fund STRC dividends. Even if BTC's annual increase is 0%, Strategy still has 31 years of dividend funding.

According to BBX data, global cryptocurrency concept companies disclosed the latest developments in their digital asset portfolio adjustments and expansions yesterday and in recent days, with the core information as follows:Strategy historic cash-out of $216 million: Strategy Inc. (NASDAQ: $MSTR) submitted a filing to the SEC on July 6, disclosing that it sold 3,588 bitcoins in two batches from June 29 to July 5 for approximately $216 million to pay four preferred stocks and the quarterly/monthly dividends of STRC, and to supplement its dollar reserves to $2.55 billion. The average selling price was about $60,215, which is approximately 20% lower than its historical holding cost. The company's total holdings have now decreased to 843,775 BTC, emphasizing that this was a liquidity management decision and that its bitcoin strategy has not changed.BMNR claims ETH holdings exceed 5.74 million: Bitmine Immersion Technologies (NYSE: $BMNR) announced on July 6 that it spent $74 million in the past week to purchase 42,197 ethers. The company claims its total holdings have risen to 5,742,237 ETH (accounting for 4.8% of the total network circulation, with a market value of approximately $10.3 billion), of which over 4.87 million have been staked through its MAVAN platform. Chairman Tom Lee attributes the continued buying to the increased probability of the CLARITY Act's passage.American Bitcoin increases holdings by 500 BTC: The cryptocurrency mining company American Bitcoin, supported by the Trump family, recently increased its holdings by another 500 bitcoins in the open market. After this acquisition, the company's total bitcoin holdings have officially exceeded 8,000.

Michael Saylor stated on the X platform that Strategy has sold 3,588 bitcoins, cashing out $216 million to pay dividends on its digital credit securities. As of July 5, the company's bitcoin reserves have decreased to 843,775 coins, while holding a dollar reserve of $2.55 billion.This is the second public disclosure of a reduction operation by Strategy this year, following the sale of 32 BTC to cover preferred stock dividends from May 26 to 31, and the scale has significantly expanded, reflecting the company's increased reliance on selling part of its bitcoin reserves to maintain its dividend obligations amid pressure on bitcoin prices and growing unrealized losses.

Jiang Zhuoer, the founder of the Liebit mining pool, stated that MicroStrategy's preferred stock STRC has significantly decoupled, dropping to a low of 73, reflecting the panic sentiment in the U.S. stock market towards Bitcoin.He pointed out that MSTR has raised funds through the issuance of common stock for three consecutive weeks, with half of the funds raised in the first two weeks used to purchase 1,500 BTC, while in the third week, the amount of shares sold doubled, but the amount of BTC purchased decreased to 520 BTC, and most of the funds were retained for paying STRC dividends. He believes this is a clear signal of the company's pessimistic attitude towards the subsequent market.Jiang Zhuoer indicated that the amount of BTC purchased by MSTR is expected to decline significantly in the coming months, and it may even stop purchasing BTC altogether, instead using the funds to pay STRC dividends. He also emphasized that STRC is a preferred stock rather than debt, meaning the company only needs to pay dividends without repaying the principal. Currently, MSTR's debt ratio is only about 10%, and unless the Bitcoin bear market lasts for ten years, there is no "explosion" risk for MSTR.

In response to market concerns about whether it is the next LUNA, Arkham analysis indicates that STRC is a perpetual preferred stock with a dividend yield of 11.5%, requiring approximately $1.2 billion in payments annually. The strategy reserves $1.4 billion, but there is no legal obligation to prioritize dividend payments.However, Arkham also pointed out that the decline in stock price reflects market worries about Saylor's ability to continue paying dividends and raising funds. This will not directly collapse the company but may have a long-term impact on investor confidence and financing.According to market data, after the U.S. stock market opened tonight, STRC briefly fell to $73 and is currently reported at $76.2 (25% below the $100 par value).

In a letter to LP for Q2 2026, 1confirmation partner Nick Tomaino stated that the total cash dividends of the entire fund amounted to approximately $317 million, exceeding the total contributions of all funds of approximately $286 million.

According to Solid Intel, asset management company Franklin Templeton has submitted a new ETF application to regulators, with a product structure that allows cash dividends from held stocks to be automatically reinvested in Bitcoin.