Annualized dividend expenses reach $725 million, Strategy's preferred stock financing for Bitcoin purchases actually only adds 4,947 BTC

Odaily reports that Vetle Lunde pointed out that Strategy raised funds to purchase Bitcoin through preferred stock, especially STRC, increasing its holdings by nearly 100,000 BTC in the first half of the year, but this also brought relatively high capital costs. Simulations show that if Strategy had not used STRC financing to purchase Bitcoin in the first half of the year, its Bitcoin holdings as of Monday would have been 843,303 BTC, versus actual holdings of 848,250 BTC, an increase of only 4,947 BTC. STRC and other preferred stock have brought approximately $725 million in annualized dividend expenses.