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🔮 Saylor’s Bitcoin Strategy Cracks Under Pressure BTC, ETH Michael Saylor’s Bitcoin Strategy finally sold BTC for the first time, dragging STRC down to $94.84. The move shatters the long‑standing “never sell” narrative and forces the dividend‑paying structure to confront a $2.5 bn cash‑flow gap. 🕸️ The model hinged on a $100 STRC price backed by an 11.5 % annual payout funded by Bitcoin holdings. With BTC near $67 k and a 32‑BTC sell‑off, the dividend pool is draining faster, while rivals now offer 13 % yields. If the dip persists, more BTC must be liquidated, creating a feedback loop of falling token price and rising payout pressure. ⚡ The next catalyst is simple: without a Bitcoin rally, the STRC dividend model is unsustainable, and the token could enter a prolonged discount phase. ⚠️ Personal analysis only. Not financial advice. DYOR. #BTC #STRC #CryptoYield