Michael Saylor · Bitcoin · Strategy · Cointelegraph
Strategy’s Saylor signals BTC buy as preferred dividend pay date vote looms
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Strategy’s top execs took to social media on Sunday to tout its Bitcoin strategy while shareholders cast final votes on a proposal for twice-monthly preferred stock dividend payments.
Key facts
- The amendment for STRC to pay semi-monthly dividends needs 50% of all 85 million shares outstanding as of April 17, 2026, to pass, according to the company
- That average cost of Strategy’s current holdings of 843,706 Bitcoin is $75,701 apiece
- There’s 24,000 companies that pay a quarterly dividend. 176 pay monthly
- By mid-afternoon on Sunday, Michael Saylor's X post had 2.3 million views
Summary
Strategy watchers were not disappointed on Sunday as executive chairman Michael Saylor took to social media to signal pending news on changes in the company’s Bitcoin holdings, hours ahead of the final tally of shareholder votes on a proxy measure that would see the company pay dividends twice a month on its preferred STRC shares. “A good time to add more dots,” was the message Saylor posted on X.com along with a bubble chart tracking Strategy’s Bitcoin (BTC) purchases over the past nearly six years. By mid-afternoon on Sunday, Michael Saylor's X post had 2.3 million views. CEO Phong Le shared Saylor’s tweet with his own message, “Their corporate is to increase net Bitcoin and Bitcoin per share over time.