Michael Saylor, chairman of Strategy, indicated the company plans to increase its Bitcoin holdings in the upcoming week, continuing its accumulation of the cryptocurrency. Alongside this signal, Saylor actively encouraged retail shareholders to participate in an ongoing proxy vote concerning dividend payments on the company's perpetual preferred stock, STRC.
Strategy currently holds over 818,000 Bitcoins, valued at more than $67 billion based on recent market prices. Saylor’s social media activity included a chart tracking the firm’s BTC purchases over nearly six years, a graphic he frequently posts just before the company announces new acquisitions. His recent message, “Big Dot Energy,” hints at fresh buying soon, reinforcing Strategy’s aggressive stance on expanding its Bitcoin treasury.
At the same time, Strategy urges STRC shareholders, the majority of whom are retail investors owning 80% of this preferred stock, to vote in favor of a proposed amendment to shift dividend payouts from monthly to semi-monthly disbursements. The company argues this adjustment would cut reinvestment delays, improve liquidity, enhance market efficiency, and stabilize pricing for STRC shares.
With the proxy vote deadline approaching in early June, Strategy and Saylor have launched a concerted campaign to increase shareholder engagement, particularly among retail investors who historically exhibit low participation rates. Data from Harvard Law School’s Forum on Corporate Governance shows retail owners vote on a fraction of their shares compared to institutions.
To address this, Strategy scheduled a live Q&A event with Saylor and CEO Phong Le, moderated by podcast host Natalie Brunell, aiming to inform and motivate retail shareholders to submit their proxy ballots. The session will be livestreamed on YouTube and X, emphasizing the importance of collective voting to set a "digital credit" standard for STRC.
This dual initiative—signaling a Bitcoin purchase while pressing for dividend reforms—reflects Strategy’s broader efforts to solidify market confidence and optimize returns for preferred stock investors within its expanding cryptocurrency asset framework.