Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Trump fails to break CLARITY Act deadlock as new text slips again

    July 18, 2026

    Crypto traders blame Wintermute for weekend of liquidations

    July 18, 2026

    Ethereum Istanbul Upgrade Announcement | Ethereum Foundation Blog

    July 18, 2026
    Facebook X (Twitter) Instagram
    Cryptify Now
    • Home
    • Features
      • Typography
      • Contact
      • View All On Demos
    • Typography
    • Buy Now
    X (Twitter) Instagram YouTube LinkedIn
    Cryptify Now
    You are at:Home » Michael Saylor hints at new Bitcoin purchase as STRC dividend vote nears
    Crypto

    Michael Saylor hints at new Bitcoin purchase as STRC dividend vote nears

    James WilsonBy James WilsonJune 1, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Strategy has signaled another Bitcoin purchase while seeking shareholder approval for a proposal that would allow more frequent dividend payments on its STRC preferred stock.

    Summary

    • Michael Saylor has signaled another Strategy Bitcoin purchase days before a key shareholder vote on STRC dividends.
    • Strategy is seeking approval to switch STRC dividend payments from monthly to twice a month.
    • Retail investor participation could determine the outcome of the June 7 vote, which requires support from holders of at least 50% of outstanding shares.

    According to a Sunday post from Strategy chairman Michael Saylor, the company appears set to announce a fresh Bitcoin acquisition in the coming days.

    Saylor shared a bubble chart tracking Strategy’s Bitcoin purchases since 2020 alongside the message “Working Better,” a pattern he has repeatedly followed before the company discloses new (BTC) buys.

    The latest teaser arrives as Strategy pushes shareholders to participate in a proxy vote scheduled ahead of its June 7 annual meeting. One of the key proposals would amend the terms of the company’s STRC perpetual preferred stock to allow semi-monthly dividend payments instead of monthly distributions.

    At current market levels, any new purchase would likely come at a lower cost than much of Strategy’s existing holdings. Company data shows Strategy owns 843,738 Bitcoin acquired at an average purchase price of $75,701 per coin.

    Shareholder vote takes center stage

    With the voting deadline approaching, Strategy executives have stepped up efforts to secure support from retail investors. 

    A May 29 message posted on the company’s verified X account stated that the STRC amendment requires approval from holders representing at least 50% of the roughly 85 million shares outstanding as of April 17, 2026.

    ⏳ Time is running out, $STRC holders.

    The amendment for STRC to pay semi-monthly dividends, needs 50% of all 85M shares outstanding as of April 17, 2026, to pass, which means every single vote counts.

    Vote FOR by June 7, 2026! It takes just 15 seconds –

    — Strategy (@Strategy) May 28, 2026

    The company argues that paying dividends twice a month could reduce reinvestment delays while improving liquidity, market efficiency and price stability for STRC investors.

    Inside the company, Strategy’s investor relations team also circulated information about the annual meeting and voting proposals to employees through internal communication channels.

    A day before the social media appeal, Strategy CEO Phong Le released a video message explaining the proposed amendment to shareholders. In the video, Le thanked investors for their support and said he wanted to personally explain what the proposed change could mean for STRC holders.

    The latest purchase signal also follows comments Saylor made during a May appearance on the Coin Stories podcast, where he said it was “not unlikely” that Strategy could sell some Bitcoin before the end of 2026. 

    Saylor said at the time that relying exclusively on equity, debt or Bitcoin had historically produced weaker outcomes than managing all three together as part of the company’s capital strategy.

    During that interview, Saylor described potential Bitcoin sales as a capital allocation decision rather than a change in Strategy’s long-term commitment to the asset. He also said any sale would be small compared with Bitcoin’s estimated daily trading volume of $20 billion to $50 billion.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBitcoin landfill guy loses UK appeal, plans human rights case
    Next Article How much pain can Strategy take before debt exceeds bitcoin?
    James Wilson

    Related Posts

    Trump fails to break CLARITY Act deadlock as new text slips again

    July 18, 2026

    Anthropic turns to Meta for $10B in computing power before IPO

    July 18, 2026

    Augur returns with decentralized layer for disputed prediction markets

    July 18, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Javier Milei disbands crypto unit he set up to investigate himself

    May 18, 2026

    Ethereum price forms bearish Adam and Eve pattern, will it crash under $2,000?

    May 18, 2026

    Coinbase changed lawsuit rules a day before disclosing data breach, report

    May 18, 2026

    David Schwartz rejects XRP meme coin investment hype after FUZZY rumors

    May 18, 2026
    Don't Miss

    Trump fails to break CLARITY Act deadlock as new text slips again

    By James WilsonJuly 18, 2026

    President Donald Trump has failed to unlock the stalled CLARITY Act after meeting Senate Republicans,…

    Crypto traders blame Wintermute for weekend of liquidations

    July 18, 2026

    Ethereum Istanbul Upgrade Announcement | Ethereum Foundation Blog

    July 18, 2026

    Anthropic turns to Meta for $10B in computing power before IPO

    July 18, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us
    About Us

    CryptifyNow: Your daily source for the latest insights, news, and analysis in the ever-evolving world of cryptocurrency.

    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    Trump fails to break CLARITY Act deadlock as new text slips again

    July 18, 2026

    Crypto traders blame Wintermute for weekend of liquidations

    July 18, 2026

    Ethereum Istanbul Upgrade Announcement | Ethereum Foundation Blog

    July 18, 2026
    Lithosphere News Releases
    Copyright © 2026

    Type above and press Enter to search. Press Esc to cancel.