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Saylor presses STRC retail holders for semi-monthly dividend vote, signals another Bitcoin buy

Cointelegraph + 1 other·106d ago·Crypto
Michael SaylorMichael Saylor56.3 Φ

Strategy chairman Michael Saylor spent Sunday urging retail shareholders to back a proxy measure allowing semi-monthly dividend payouts on the company's STRC perpetual preferred stock, while signaling the firm would buy more Bitcoin in the week ahead. Saylor posted his recurring "Big Dot Energy" teaser alongside a chart from StrategyTracker.com, a graphic he has consistently shared in the days before a corporate purchase, Cointelegraph reported. Strategy's roughly 818,869 Bitcoin carried a combined value near $67 billion at a market price around $78,000.

The proxy push targets a June 8 deadline, with retail investors owning about 80% of STRC. The company says shifting from monthly to semi-monthly payouts would reduce reinvestment lag and improve liquidity and price stability, Cointelegraph reported. "If you are a $STRC shareholder and have not already voted, please take a moment to do it now," Saylor wrote, framing the measure as a step toward a "$100 standard for Digital Credit." A November Harvard Law School Forum note found retail investors have cast only about 29% of their shares in recent proxy seasons, against 77% for institutions.

Separately, Saylor said this weekend that clinging to the "never sell" Bitcoin mantra could ultimately undermine the asset Strategy is built around, an argument for retaining flexibility on sales to avoid "impairing" it, Cointelegraph reported. The remarks marked a softening of language from a figure long identified with an absolute hold stance, framed instead around protecting the asset rather than committing to permanent accumulation. A live retail Q&A with Saylor and chief executive Phong Le, moderated by Coin Stories host Natalie Brunell, has been rescheduled for May 20, with shareholders invited to submit questions in advance and the session set to be livestreamed on YouTube and X.


Figures referenced: Michael Saylor. — JudgeMarket.

Sources

  • CointelegraphSaylor signals BTC buy as retail holders get push on STRC dividend vote106d ago
  • CointelegraphMichael Saylor floated Bitcoin sales idea to avoid 'impairing' the asset106d ago