Strategy's Michael Saylor teases BTC buy with 'working better' tweet

Strategy president Michael Saylor connected Sunday signaled the Bitcoin treasury institution would beryllium announcing caller purchases of the cryptocurrency successful the coming days.

The societal media station comes conscionable days up of a proxy ballot that depends successful ample portion connected retailer shareholders to alteration semi-monthly dividend payouts connected the company’s STRC perpetual preferred stock.

“Working Better” was Saylor's tweet precocious Sunday greeting to travel a bubble illustration tracking Strategy’s Bitcoin (BTC) purchases implicit the past astir six years. That chart, from Iceland-registered StrategyTracker.com, has been consistently posted by Saylor successful the days up of quality of a acquisition by the biggest publically traded Bitcoin holder.

To beryllium sure, immoderate purchases to beryllium announced volition apt bespeak the institution bought astatine oregon beneath the mean outgo of erstwhile BTC purchases. While, the mean cost of Strategy’s 843,738 Bitcoin is $75,701 apiece, the biggest cryptocurrency by marketplace headdress has mislaid 3.65% of its worth during May and was trading astatine astir $73,566 astatine the clip of publication, according to CoinMarketCap data.

“Working Better” tweet. Source: Michael Saylor

Blockstream CEO Adam Back highlighted connected Sunday that BTC’s 200-week moving mean has pushed acold supra the $61,000 mark. That moving mean is seen by immoderate method investors arsenic a awesome of a semipermanent upward terms trend.

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Retail investors get pressed to ballot connected STRC dividend change

Strategy is proposing to wage semi-monthly dividends connected STRC, alternatively of monthly. The institution claims that if approved and adopted, it volition pb to reduced reinvestment lag, enhanced liquidity, marketplace ratio and accrued terms stability.

Just days up of the June 7 proxy ballot deadline, Saylor and Strategy are making a afloat property to get retail shareholders to instrumentality their proxy votes. On an interior institution channel, Strategy’s capitalist relations squad posted a message to each employees concerning the company’s 2026 yearly gathering and provided links to the proposals nether information by shareholders.

Part of connection to Strategy employees from interior website. Source: Company filing connected Edgar

“The amendment for STRC to wage semi-monthly dividends, needs 50% of each 85M shares outstanding arsenic of April 17, 2026, to pass, which means each azygous ballot counts,” work a May 28 station connected Strategy’s verified provender connected X.com.

CEO Phong Le posted a video a time earlier thanking STRC shareholders for their trust. “I wanted to personally locomotion you done the projected amendment and what it means for you,” helium said arsenic an instauration to the minute-and-a-half video.

Retail investors person shown constricted involvement successful casting proxy votes. A November probe note from The Harvard Law School Forum connected Corporate Governance revealed information that showed retail investors person consistently voted lone astir 29% of their owned shares during the past 5 proxy voting seasons. Institutional holders person voted astir 77%.

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