Michael Saylor is steering attention towards a potential acquisition of bitcoin by his company, Strategy (NASDAQ: $MSTR), while simultaneously encouraging retail investors to vote on a proposal concerning its STRC preferred stock dividend structure. On Sunday, Saylor shared a post labeled “Big Dot Energy” along with a chart illustrating Strategy’s bitcoin purchases over nearly six years, a move that has raised speculation about an upcoming announcement regarding bitcoin acquisitions.
If executed, a new purchase would enhance Strategy’s existing position, which boasts 818,869 bitcoins, solidifying its standing as the largest corporate bitcoin treasury. Based on recent valuations, these holdings represent approximately $67.2 billion, as reported by Cointelegraph.
In addition to the bitcoin acquisition hints, the company is actively lobbying for changes to its STRC, a Variable Rate Series A Perpetual Stretch Preferred Stock. Saylor and the company’s official channels are rallying shareholders to support a proxy measure that would modify the dividend distribution from a monthly to a semi-monthly structure. Strategy argues that this modification could mitigate reinvestment delays, enhance liquidity, and bolster market efficiency, allowing STRC to trade more closely to its target price of $100. The company clarified that the annualized dividend rate would remain unchanged if shareholders approve this amendment.
The STRC stock now plays a more significant role in Strategy’s capital raising framework, providing an alternative avenue for financing bitcoin purchases that reduces reliance on common-share issuance. The proposed changes also underscore the importance of retail investor engagement in this broader financial strategy. According to the company, approximately 80% of STRC is owned by retail investors. To facilitate this engagement, Strategy is hosting a live Q&A session with Saylor and CEO Phong Le on May 20, ahead of the proxy vote deadline set for June 8.
Currently, Strategy Inc. (NASDAQ: MSTR) shares are trading at $177.42, while bitcoin (CRYPTO: BTC) is valued at $78,375 per token.
