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