Michael Saylor hints at new Bitcoin buy as Strategy nears 800,000 BTC

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Strategy co-founder Michael Saylor is signaling another massive Bitcoin acquisition, coming on the heels of a $1 billion purchase finalized earlier this month.

Summary

  • Strategy is currently sitting on the world’s largest corporate Bitcoin treasury with 780,897 coins valued at over $58 billion.
  • Michael Saylor hinted at a new multi-billion-dollar Bitcoin acquisition via social media just days after the company confirmed a $1 billion purchase.

According to a Sunday post on X, Saylor shared a chart of the company’s historical buying patterns alongside the caption “Think Even ₿igger.”

The latest post follows a regulatory filing last Monday, where Strategy disclosed it had picked up 13,927 Bitcoin between April 6 and 12, which cost the company $1 billion at an average price of $71,902 per token

Strategy currently holds the largest Bitcoin treasury of any publicly traded firm, with a total stash of 780,897 coins valued at roughly $58.2 billion.

Dividend overhaul to boost liquidity

Strategy CEO Phong Le detailed a new proposal on Friday to move the company toward a semi-monthly dividend schedule. The plan, shared in a shareholder video presentation, suggests paying out dividends on the 15th and at the end of every month

By increasing the frequency to 24 payments a year at the current 11.5% rate, the company hopes to attract more consistent buying interest.

“What do we think this will do, it should stabilize the price, dampen cyclicality, drive further liquidity and grow demand,” Le said.

The CEO noted that the current structure often causes a drop-off in activity once investors are no longer eligible for the next scheduled payout. By switching to a semi-monthly model, the company would become the only preferred stock in the world with such a frequent distribution.

“If we were to move forward with paying STRC to semi-monthly, we would be in category 1, the only preferred in the world that pays semi-monthly dividends. We think this is unique and this is attractive,” Le added.

The proposal comes while the company manages significant paper losses. First-quarter financial results showed unrealized losses on digital assets totaling $14.46 billion. Despite these figures, investors reacted positively to the dividend news and the prospect of more Bitcoin buys, sending MSTR stock up 11.8% to $166.52 on Friday.

A preliminary proxy filing is already with the SEC, and a definitive version is expected by April 28. If shareholders approve the measure at the annual meeting on June 8, the new payment cycle will begin in mid-July. Currently, Nasdaq rules require Strategy to maintain a 10-day window between the record date and the actual payment.

BTC1.52%
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