Michael Saylor hints at a Bitcoin acquisition while urging retail STRC holders to approve semi-monthly dividend payouts ahead of June 8 vote.
MicroStrategy signaled plans to add to its Bitcoin holdings, currently valued at $67.2 billion based on a $77,996.91 BTC price. The company holds 818,869 BTC and may expand its position this week, reinforcing its long-term crypto strategy.
The firm is also pushing retail shareholders, who own 80% of its perpetual Stretch preferred stock (STRC), to vote on a proxy measure. The proposal would shift STRC dividends from monthly to semi-monthly payouts, aiming to improve liquidity and price stability. Analysts warn of potential mispricing risks tied to the change.
With the June 8 vote deadline approaching, MicroStrategy and Saylor are intensifying efforts to secure retail participation. Social media posts urge STRC holders to vote, framing the amendment as a step toward establishing a $100 digital credit standard.