CEO Michael Saylor hints at another $BTC buy as the firm seeks shareholder approval for a dividend frequency change on its STRC stock.
MicroStrategy signaled a potential bitcoin purchase, with CEO Michael Saylor posting a chart tracking the company’s $BTC accumulation over six years. The move follows a pattern of similar posts ahead of past purchases, adding to its 818,869 bitcoin holdings valued at $67.2 billion.
The firm is also urging STRC preferred stockholders to vote on a measure to shift dividend payments from monthly to twice-monthly. The change aims to reduce reinvestment lag and improve liquidity while keeping the annualized dividend rate unchanged. STRC’s $100 target price remains a focus.
MicroStrategy’s bitcoin strategy has made it the largest corporate holder of $BTC, with recent signals often preceding new buys.