# Michael Saylor & Phong Le Answer Retail Investors' Biggest Questions Page: https://stenobird.com/podcast/coin-stories-with-natalie-brunell-3903411/michael-saylor-phong-le-answer-retail-investors-biggest-questions Text version: https://stenobird.com/podcast/coin-stories-with-natalie-brunell-3903411/michael-saylor-phong-le-answer-retail-investors-biggest-questions.md Podcast: [Coin Stories with Natalie Brunell](https://stenobird.com/podcast/coin-stories-with-natalie-brunell-3903411) Published: 2026-05-21T05:18:00+00:00 Episode link: https://coinstories.libsyn.com/michael-saylor-phong-le-answer-retail-investors-biggest-questions Audio file: https://traffic.libsyn.com/secure/coinstories/Strategy_Webinar.mp3?dest-id=2813255 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/coin-stories-with-natalie-brunell-3903411/episodes/michael-saylor-phong-le-answer-retail-investors-biggest-questions Duration seconds: 4613 ## Resource What's next for Strategy, STRC, and the Bitcoin industry? In this special live Retail Investor Q&A, Natalie Brunell sits down with Michael Saylor and Phong Le to answer the biggest questions from retail investors. From dividend changes and mNAV targets to DeFi risk, Bitcoin at $10 million, and whether Strategy plans to sell BTC soon, this conversation covers the issues investors are watching most closely. Topics include: STRC's proposed move from monthly to semi-monthly dividends Strategy's plan to restore mNAV to 3–4x Risks around DeFi products built on top of STRC What Strategy looks like in a Bitcoin-at-$10-million world Whether Strategy is gearing up to sell Bitcoin For more information on Strategy's products, visit www.strategy.com/notes ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU --- Coin Stories is powered by Gemini. Invest as you spend with the Gemini Credit Card. Earn up to 4% back in sats on everyday purchases like gas and groceries. Sign up today https://www.gemini.com/natalie ---- Ledn is the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Get .25% off your first loan, learn more at https://www.Ledn.io/natalie ---- Earn passive Bitcoin income with industry-leading uptime, renewable energy, ideal climate, expert support, and one month of free hosting when you join Abundant Mines at https://www.abundantmines.com/natalie ---- Natalie's Bitcoin Product Partners: Check out my favorite lightning wallet and trivia app Speed Wallet. If you're a business, let Speed help you a… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/coin-stories-with-natalie-brunell-3903411/episodes/michael-saylor-phong-le-answer-retail-investors-biggest-questions/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/coin-stories-with-natalie-brunell-3903411/michael-saylor-phong-le-answer-retail-investors-biggest-questions.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.