Strategy’s STRC preferred stock has become one of the hottest equity investments in bitcoin, but critics say that Strategy ($MSTR) may be digging itself into a hole since it has to pay out nearly $1 billion in annual dividends on $STRC alone. Investor Pio Vincenzo says that these critics are forgetting one crucial detail: the asset that transformed Strategy into the meteoric success it is today. “So when you talk about the obligations of the dividends, I think the thing that people always forget about and don't totally grasp is that strategy owns over 815,000 BTC…they can pay the dividends.” He argues that naysayers can call Strategy a ponzi all they want, but its bitcoin horde means that it could service the outstanding dividends for STRC for 70 years using its bitcoin liquidity. Put another way: ponzis don’t have the backing Strategy does. “So you have to remember how much Bitcoin is owned outright. When you think about the dividends. And I understand people like, oh, he's paying this dividend with that dividend. That's an issue. If you have nothing backing anything, if you have $0 on the balance sheet, if you're Bernie Madoff or a Ponzi scheme taking money from one person and giving it to another person, yeah, for sure…but you've got 815,000 of the most liquid asset, one of the highest volume assets in the world.” 🎧Catch the latest episode of Blockspace in partnership with @blockspace! 🎧 Spotify: 🎧 Apple: 📺 Watch: