Strategy says Bitcoin can fall 11.4% yearly for nearly six years

Strategy says its current capital structure could withstand a prolonged Bitcoin decline while continuing to fund interest payments and preferred stock dividends. Summary Strategy says its current structure can fund obligations through 5.8 years of steady Bitcoin declines. Company data shows a $3.225 billion cash reserve supporting preferred dividends and debt interest payments. The stress test uses Strategy’s internal BTC Rating rather than an independent credit agency assessment. In a July 24 post on X, the company said Bitcoin could fall 11.4% each year for 5.8 consecutive years without pushing its company-defined BTC Rating below 1.0x. At today’s capital structure, $BTC could fall 11.4% annually for 5.8 years, and Strategy could still fully fund interest and preferred dividends while maintaining a 1.0x BTC Rating. $MSTR pic.twitter.com/NqL5ZTV9Gg— Strategy (@Strategy) July 25, 2026 The claim arrived as Bitcoin traded near $64,463 and Strategy shares closed at $91.67 on July 24. Bitcoin remained below Strategy’s average purchase price, while MSTR had fallen sharply from its previous peak. The exercise describes a steady multi-year decline, not a sudden crash or a guarantee that S...