Arthur Hayes: Strategy faces issuance, sale or dividend reduction in Bitcoin sideways

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According to Bitcoin.com News, Arthur Hayes stated that Bitcoin is trading sideways around $80000, with Strategy holding 840447 Bitcoin and paying approximately $1.5 billion in dividends annually. The Strategy enterprise value mNAV is approximately 1.01 times, while the base mNAV and diluted mNAV are approximately 0.73 times and 0.74 times, respectively. Arthur Hayes pointed out that Michael Saylor has the option to issue new shares, sell Bitcoin, or reduce preferred stock dividends. The STRK dividend yield is 8%, while the STRC dividend yield ranges from 10% to 11.5%.

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