Strategy’s Saylor signals BTC buy as preferred dividend pay date vote looms

Strategy watchers were not disappointed connected Sunday arsenic enforcement president Michael Saylor took to societal media to awesome pending quality connected changes successful the company’s Bitcoin holdings, hours up of the last tally of shareholder votes connected a proxy measurement that would spot the institution wage dividends doubly a period connected its preferred STRC shares.

“A bully clip to adhd much dots,” was the connection Saylor posted connected X.com on with 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.

By mid-afternoon connected Sunday, Michael Saylor's X station had 2.3 cardinal views. Source: Michael Saylor connected X.com

CEO Phong Le shared Saylor’s tweet with his ain message, “Our firm @Strategy is to summation nett Bitcoin and Bitcoin per stock implicit time. Rumors different are conscionable rumors.”

Should immoderate purchases beryllium announced successful the coming days, they volition apt bespeak that the Bitcoin treasury institution bought astatine oregon beneath the mean outgo of erstwhile BTC purchases. That mean cost of Strategy’s existent holdings of 843,706 Bitcoin is $75,701 apiece. However, the biggest cryptocurrency by marketplace headdress has mislaid 16.6%% of its worth successful the past 7 days, trading astatine astir $62,153 astatine the clip of publication, according to CoinMarketCap data.

Last week, Strategy announced that it has repurchased immoderate firm debt, temporarily pausing its Bitcoin accumulation. That sent a chill to the marketplace arsenic traders feared that the institution could beryllium forced to liquidate immoderate of its BTC holdings to money the buybacks. 

Related: Strategy’s leveraged Bitcoin exemplary has faced its archetypal accent test: Grayscale

Down to ligament connected STRC dividend alteration proxy vote

Strategy shareholders person been asked to o.k. a change successful dividend payments connected STRC, to semi-monthly 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.

“We deliberation that it should alteration the volatility, should chopped the volatility by immoderate decent factor. It should summation the Sharpe ratio. It provides much introduction and exit points. There’s 24,000 companies that wage a quarterly dividend. 176 wage monthly. We’ll beryllium paying doubly a month. And truthful that’s, it’s an absorbing thing. It each volition commencement successful June. In July,” Saylor said astatine past week’s Synergy26 league for registered concern advisors.

Chart showing projected alteration to dividend cadence.
Source: Strategy SEC filing

The amendment for STRC to wage semi-monthly dividends needs 50% of each 85 cardinal shares outstanding arsenic of April 17, 2026, to pass, according to the company.

The determination volition apt beryllium reached astatine Monday’s Strategy shareholder meeting. Cointelegraph requested accusation connected the fig of shareholders who had voted arsenic of June 7, successful an email to proxy solicitor Alliance Advisors. An contiguous reply was not received.

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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