Michael Saylor’s Strategy Increases STRC Dividend to 10.5% Amid October Losses

Strategy Announces 10.5% Dividend Amid Positive Q3 Results

  • Michael Saylor's firm Strategy declares a 10.5% monthly dividend on STRC stock.
  • The announcement follows a strong Q3 report with $3.9 billion in profits, reversing a $432.6 million loss from the previous year.
  • The dividend increase (from 10.25%) reflects confidence in their Bitcoin-backed model and aims to fund further Bitcoin purchases.
  • Strategy holds 640,808 BTC, showing unrealized gains of $23.2 billion.

Bitcoin Treasury Firms See Market Cap Drop as Bitcoin Falls

  • Bitcoin closed October at approximately $110,150, an 8% decline.
  • Publicly listed Bitcoin treasuries' market cap fell from $142.4 billion to $123.6 billion, a $18.8 billion drop.
  • Despite this, Bitcoin holdings by treasury firms increased by 3,970 BTC, equal to $437.8 million.
  • This trend indicates ongoing institutional interest in Bitcoin as a strategic asset.

Best Wallet Presale Surpasses $16.8 Million

  • Best Wallet presale reaches $16.8 million, marking a significant early-stage fundraising success in 2025.
  • The wallet offers multi-chain support and institutional-grade security features.