Chief Strategy Officer Michael Saylor on Sunday signaled that the Bitcoin treasury firm would announce fresh purchases of the cryptocurrency in the coming days.
The social media post comes just days before a proxy vote that will largely depend on retail shareholders to allow semi-monthly dividend payments on STRC perpetual preferred stock.
“Working Better” was Saylor’s tweet behind schedule Sunday morning, which accompanied a bubble chart tracking Strategy’s purchases of Bitcoin (BTC) over the past nearly six years. This map, registered in Iceland StrategyTracker.comwas consistently published by Saylor in the days before news of the purchase by the largest holder of publicly traded Bitcoin.
To be on the safe and sound side, any announced purchases will likely reflect the company purchased at a price at or below the average cost of previous BTC purchases. Although average Cost of Strategy’s 843,738 Bitcoins are trading at $75,701 a piece, the largest cryptocurrency by market capitalization lost 3.65% of its value in May and was trading at around $73,566 at the time of publication, according to CoinMarketCap data.
Tweet “Working better.” Source: Michael Saylor
Blockstream CEO Adam Back highlighted on Sunday that BTC’s 200-week moving average was well above the $61,000 mark. Some technical investors view this moving average as a signal of a long-term upward price trend.
Related: Strategic Situation ‘Gone Out of Control,’ Says Arca Executive Over $15 Billion Preferred Stock Loan
Retail investors are under pressure to vote on the STRC dividend change
The strategy proposes dividend payments to STRC semi-monthly rather than monthly. The company claims that if approved and adopted, it will lead to reduced reinvestment delays, increased liquidity, market efficiency and increased price stability.
In the days before the June 7 proxy voting deadline, Saylor and Strategy are mounting pressure to get retail shareholders to return their proxy votes. The Strategy investor relations team posted an announcement on the company’s internal channel message to all employees regarding the company’s 2026 annual meeting and provided links to the proposals being considered by shareholders.
Some messages to Strategy employees from the internal website. Source: Company filing on Edgar
“The STRC half-monthly dividend amendment requires 50% of all 85 million shares outstanding as of April 17, 2026, meaning every vote counts,” reads a May 28 post on Strategy’s verified feed on the website X.com.
CEO Phong Le posted video the day before, thanking STRC shareholders for their trust. “I wanted to personally present to you the proposed amendment and its importance for you,” he said in the introduction to the one-and-a-half-minute video.
Individual investors showed constrained interest in casting votes via proxies. November research note The Harvard Law School Forum on Corporate Governance released data that showed individual investors consistently voted only about 29% of their stock holdings over the past five proxy voting seasons. Institutional holders voted by approximately 77%.
Warehouse: Top and Emerging Global Crypto Hubs Guide – Mid 2026
