dividends

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.

Bitget VIP Research stated in this week's report that the current market price of STRC is $75 (a discount of 25%), corresponding to a yield of approximately 16%. The Bitget USDT financing rate is 2.56%, with a spread of about 13 percentage points, and the annualized net yield of 1x revolving loan reaches 28.1%. Bitget Reality supports the full process of rSTRC same-account revolving loans without the need for cross-platform operations, with unified risk control and real-time monitoring of LTV.On Monday during U.S. stock market hours, Strategy (MSTR) announced that it would raise the annual dividend yield of STRC to 12% (effective from July 1) and establish two repurchase plans of $1 billion each (with STRC as a priority repurchase target), authorizing the sale of up to $1.25 billion in BTC to ensure priority payment of preferred stock dividends; as of June 28, the company held a total of 847,363 BTC and had a cash reserve balance of $2.55 billion. June 30 is the ex-dividend date, and holding rSTRC will entitle holders to the current dividend (of $0.48 per share, payable on July 15).

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.

SATA under Strive has raised funds in the first week after paying daily dividends, enough to purchase over 603 BTC.

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.

Jiang Zhuoer stated that MicroStrategy (MSTR) currently holds approximately $55 billion in Bitcoin assets, corresponding to an annual dividend expenditure of about $1.7 billion for its STRC preferred shares, which theoretically could cover about 32 years of dividend needs by selling BTC. STRC is a preferred stock rather than a debt instrument, so there is no traditional pressure for mandatory repayment. From a financial structure perspective, MSTR does not face "forced liquidation-style leverage risk" or short-term repayment crises.However, the related statements reflect that market concerns about its long-term cash flow and the volatility of crypto assets are rising. Currently, STRC has shown significant discount fluctuations, and its refinancing ability is limited. In addition, MSTR has recently relied more on methods such as issuing common stock to increase its BTC holdings (which may dilute the per-share Bitcoin amount when mNAV is below 1), and this strategy is difficult to sustain in the long term.Jiang Zhuoer indicated that even if the actual scale of MSTR selling BTC to pay dividends is relatively small compared to the entire market, its symbolic significance may be more important, potentially putting pressure on market confidence and causing investors to reassess the possibility of "long-term passive selling of coins." The market's understanding of this structure is not consistent, and this cognitive difference itself may become an important factor influencing expectations and sentiment.

According to The Block, BlackRock has officially launched the iShares Bitcoin Premium Income ETF (ticker: BITA). This product generates monthly option premium income for investors by holding spot Bitcoin and shares of the iShares Bitcoin Trust (IBIT), while selling call options on approximately 25%-35% of its holdings.Robert Mitchnick, Head of Digital Assets at BlackRock, stated that this move is to meet the demand from clients who wish to gain exposure to Bitcoin while also earning income. BITA provides additional income for investors through its options strategy while retaining most of the upside potential of Bitcoin.Reports indicate that BITA has an annual fee rate of 0.65%, higher than IBIT's 0.25%. Currently, several institutions, including Goldman Sachs, are also advancing similar Bitcoin income-focused ETF products, indicating a rising demand in the market for the "Bitcoin + income" strategy.

According to the official announcement, Alphabet Inc. (GOOGL) previously announced a cash dividend distribution. Bitget has completed the corresponding dividend distribution based on the amount of rGOOGL held by users at the time of the snapshot, in proportion to their holdings.The snapshot time was June 7 at 20:00 EDT (June 8 at 08:00 Beijing time). Users holding rGOOGL at the time of the snapshot will automatically receive the distribution without any additional action required. The dividend amount is $0.22 per share, which has been distributed to users' accounts in the form of USDT. According to U.S. tax law, the securities custodian will withhold 30% federal withholding tax on dividend income.

BitcoinTreasuries.NET posted on platform X that MetaPlanet MPJPY allocated $5.41 million from surplus capital to pay dividends on its perpetual preferred stock MERCURY to its institutional shareholders. The company's Bitcoin revenue business has established a revenue base that can fund the preferred stock dividends.

According to Cryptopolitan, Strive plans to expand its ATM stock issuance program for common stock and SATA preferred stock by $2.1 billion each, totaling $4.2 billion. If completed, the common stock ATM program will increase to $2.55 billion, and the SATA preferred stock program will increase to $2.6 billion. CEO Matt Cole stated that this move is due to the continued increase in liquidity and investor demand.It is estimated that last week Strive increased its holdings by approximately 2,649 bitcoins over four trading days, worth about $193 million, including a single-day purchase of 1,179 bitcoins on Friday. Strive currently holds about 16,500 bitcoins, ranking seventh among publicly listed companies holding bitcoins. The SATA preferred stock has an annualized dividend yield of 13% and will begin daily distributions on June 16.

According to CoinDesk, Strategy perpetual preferred stock STRC (Stretch) fell to a low of $97.11 on Thursday, then rebounded to $98.57, failing to maintain the par value of $100. The pressure on STRC mainly comes from Bitcoin's drop to around $73,000, compounded by the effects of the ex-dividend date.Recently, Strategy spent $1.5 billion to repurchase zero-coupon convertible bonds maturing in 2029, causing cash reserves to plummet from about $2.25 billion to $871 million. Based on an annual preferred stock dividend obligation of about $1.7 billion, the current cash can only cover about 6 months, far below the previously set target of 24 months. Executive Chairman Michael Saylor stated that the company will raise funds by selling Bitcoin, issuing additional shares when MSTR's stock price exceeds 1.22 times NAV, or continuing to issue STRC.Meanwhile, competitor Strive Asset Management's perpetual preferred stock SATA continues to anchor at a par value of $100, offering about a 13% dividend yield, and plans to launch a daily dividend mechanism, having completely eliminated debt. Over the past three months, Strive's stock price has increased by about 110%, significantly outperforming MSTR's 12% increase and Bitcoin's 8% increase.