Michael Saylor’s Bitcoin investment firm Strategy Inc. has increased its monthly dividend on STRC preferred shares to 10.5 percent, up slightly from 10.25 percent in September.
The move came after the company reported $3.9 billion in net profit for the third quarter, a sharp turnaround from a loss of $432.6 million during the same period last year.
According to recent filings, the dividend increase is funded by revenue from Bitcoin sales and yields from digital asset loans. Strategy currently holds around 640,800 BTC, purchased at an average of $37,850 per coin, now valued at close to $70 billion with unrealized gains of approximately $23 billion, data from SaylorTracker.com shows.
Speaking to Satsuma Technology Plc’s Mark Moss, Saylor said STRC’s preferred shares remain “overcollateralized by historic Bitcoin gains,” allowing the company to maintain consistent payouts even when markets weaken. The company has raised its dividend four times since the beginning of 2024 without adding new debt.
Bitcoin Companies Lose $18.8 Billion in Market Value
Bitcoin ended October near $110,150, down 8 percent on the month. The crash wiped out about $18.8 billion from the combined market value of companies holding Bitcoin on their balance sheets, according to The Block.
The total capitalization of Bitcoin public treasuries fell from $142.4 billion to $123.6 billion, a drop of 13 percent, almost double the drop in Bitcoin’s own price.
Shares of Marathon Digital, Galaxy Digital and Strategy Inc. fell between 11 percent and 17 percent, reflecting tighter liquidity and risk-averse sentiment after the Federal Reserve signaled it could keep interest rates high through 2026.
Still, listed companies added 3,970 BTC during the month, increasing combined holdings to 804,680 BTC, worth approximately $438 million. It marked the fifth consecutive month of accumulation despite market pressure.
Best wallet nears $17 million in token sale
Best Wallet Ltd., a digital asset custody startup, has raised $16.8 million in its ongoing token sale, according to company disclosures. The BEST token is priced at $0.026 and the sale is expected to conclude by the end of this quarter.
The firm says the funds will support compliance integration ahead of the regulatory launch of MiCA in the EU and will fund a pilot program with two authorized payment providers planned for early 2026.
Best Wallet’s platform offers multi-chain storage and multi-signature access controls, positioning it for use by regulated institutions and custody service providers entering the digital asset market.
Corporate Bitcoin Holdings Grow Despite Market Crash
Public documents show that five companies (Strategy Inc., Marathon Digital, Tesla, Galaxy Digital and Hut 8 Mining) own more than 80 percent of the Bitcoin owned by publicly traded companies. The strategy alone controls almost two-thirds of that total.
Despite an 8 percent drop in the price of Bitcoin during October, total corporate holdings rose 0.5 percent, marking the largest monthly increase since May 2024. The rally came alongside fewer miner liquidations and an increase in transfers from corporate wallets to cold storage, suggesting that companies continued to accumulate rather than sell.
By increasing its STRC dividend rather than reducing exposure, Strategy signaled confidence in its Bitcoin position and reliance on profits earned to maintain payments. None of the major holders reported significant sales in October, indicating that the majority of corporate Bitcoin reserves remain intact despite price volatility.
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