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Wajeeh Khan

Bitcoin Prices Are Falling, But MicroStrategy Is Not Sweating the Selloff. MSTR Stock Has a 71-Year Runway, According to Management.

MicroStrategy MSTR Bitcoin BTC

MicroStrategy (MSTR) shares are in focus today after the enterprise software firm, best known for its massive crypto holdings, said it has 71 years of dividend coverage even if Bitcoin (BTCUSD) prices remain flat. 

MSTR stock has been under immense pressure amid a macro-driven sell-off in Bitcoin this month. On Friday, the world’s largest cryptocurrency by market cap was seen hovering around the $81,000 level. 

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