The strategy indicates they could sell up to $5 billion in Bitcoin, equivalent to approximately 10% of their Bitcoin holdings, if necessary. The issue is that no matter what they do, they cannot push the price of STRC up to $100; therefore, if needed, they may have to sell Bitcoin to repurchase STRC preferred shares. Selling additional MSTR shares to raise funds, as they are currently doing, is not a viable solution. This is not an immediate sale plan, but rather a maximum selling right available if required. The proceeds could be used to: - Increase cash reserves to $1.25 billion. - Cover approximately $1.76 billion in annual dividends and interest payments. - Repurchase up to $2 billion in shares and preferred shares (STRC).
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