Social media became the news bulletin for Strategy as the company’s top executives on June 7 emphasized their Bitcoin strategy as shareholders submit their final votes on the proposal for bi-monthly dividends in the form of preferred stocks.
Analysts watching the company were intently observing Michael Saylor, executive chairman, as he announced on social media news on changes in Strategy’s Bitcoin holdings. Saylor signaled the changes hours ahead of the tally of the shareholder votes that would decide whether the company would pay dividends twice a month in the form of its preferred STRC shares.
Saylor posted on the social media platform X, “A good time to add more dots,” a message that went with a bubble chart that showed Strategy’s Bitcoin (BTC) purchases over the past six years.
Phong Le, chief executive, shared Saylor’s post with his own message, “Our corporate @Strategy is to increase net Bitcoin and Bitcoin per share over time. Rumors otherwise are just rumors.”
If there were any notices of any purchases in the coming days, they would most probably reflect that the Bitcoin treasury company purchased at or below the average cost of the company’s BTC purchases. The average cost of Strategy’s present holdings of 843,706 Bitcoin is $75,701 per BTC. However, Bitcoin has lost 16.6% of its value in the past seven days, trading at about $62,153 at the time of this writing, according to CoinMarketCap data.
Strategy repurchased corporate debt last week, indicating that it has temporarily paused its Bitcoin accumulation. The move has disturbed the market as traders worry that the company would need to sell some of its Bitcoin holdings to fund the buybacks.
Down to the Proxy Vote on STRC Dividend Change
The shareholders of the company are to vote to approve a change in dividend payments on STRC, from monthly to semi-monthly. According to the company, if the proposal is approved and adopted, it will lead to reduced reinvestment lag, enhanced liquidity, market efficiency, and increased price stability.
“We think that it should decrease the volatility, should cut the volatility by some decent factor. It should increase the Sharpe ratio. It provides more entry and exit points. There’s 24,000 companies that pay a quarterly dividend. 176 pay monthly. We’ll be paying twice a month. And so that’s, it’s an interesting thing. It will all start in June. In July,” Saylor said at the Synergy26 conference for registered investment advisors last week.
According to the company, the vote for the amendment for STRC dividends requires half (50%) of all 85 million shares outstanding as of April 17, 2026, to push through.
The decision for the move will likely be reached on June 8, during Strategy’s shareholder meeting.
Retail investors have not displayed great interest in casting proxy votes. Only about 29% of retail investors have consistently voted during the past five proxy voting periods, while institutional holders have voted about 77%, as data revealed by the November research note from The Harvard Law School Forum on Corporate Governance has revealed.
