Strategy watchers were not disappointed on Sunday when Executive Chairman Michael Saylor took to social media to signal expected news about changes to the company’s Bitcoin holdings, hours before the final tally of shareholder votes on a substitute measure that would see the company pay twice-monthly dividends on STRC preferred stock.
“It’s a good time to add more dots,” Saylor’s message read sent on X.com along with a bubble chart showing Strategy’s Bitcoin (BTC) purchases over the last almost 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.
By Sunday afternoon, Michael Saylor’s post on X had 2.3 million views. Source: Michael Saylor on X.com
CEO Phong Le shared Saylor’s tweet with his own message“Our corporate @strategy is to increase net bitcoin and bitcoin per share over time. Otherwise, rumors are just rumors.”
If any purchases are announced in the coming days, they will likely reflect the fact that the Bitcoin treasury purchased at a price at or below the average cost of previous BTC purchases. This average Cost Strategy’s current holdings of 843,706 Bitcoins is $75,701 each. However, according to CoinMarketCap, the largest cryptocurrency by market capitalization has lost 16.6%% of its value over the past seven days, trading at around $62,153 at the time of publication data.
Last week, Strategy announced that it had bought back some corporate debt, temporarily halting Bitcoin accumulation. This sent a shudder through the market as investors feared the company might be forced to liquidate some of its BTC holdings to fund the buyout.
Related: The Bitcoin model used by the strategy passed its first stress test: the gray scale
Let’s move on to the proxy vote on the STRC dividend change
Shareholders of the strategy were asked to approve a Change in dividend payments to STRC from semi-monthly instead of monthly. The company claims that if approved and adopted, it will lead to reduced reinvestment delays, increased liquidity, market efficiency and increased price stability.
“We think it should reduce volatility, it should reduce volatility by some decent factor. It should increase the Sharpe ratio. It provides more entry and exit points. There are 24,000 companies that pay quarterly dividends. 176 pay dividends monthly. We will pay twice a month. And that’s the interesting thing. It all starts in June. In July” – Saylor he said at last week’s Synergy26 conference for registered investment advisors.
A chart showing the proposed change to the dividend rhythm.
Source: SEC Strategy filing
To be enacted, the STRC semi-monthly dividend amendment requires 50% of the total 85 million shares outstanding as of April 17, 2026, According to to the company.
The decision will probably be made at Strategy’s shareholders’ meeting on Monday. In an email to Alliance Advisors’ legal representative, Cointelegraph requested information on the number of shareholders who voted as of June 7. No immediate response was received.
Individual investors showed narrow 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%.
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