Michael Saylor, co-founder of Strategy, posted on social media X a message "Think Even ₿igger" — and this almost certainly indicates another large Bitcoin purchase. Historically, similar posts have preceded official transaction disclosures, and this one came just a week after the company announced the acquisition of Bitcoins worth $1 billion.
A week ago, Strategy revealed the details of the transaction: between April 6 and 12, the company purchased 13,927 bitcoins for $1 billion at an average price of $71,902 per coin. Before filing the documents, Saylor wrote 'Think ₿igger' — and this has already become a stable tradition. Now the bar has been raised higher: 'Think Even ₿igger'.
Strategy holds the largest bitcoin reserve among public companies — 780,897 coins worth $58.2 billion. The company is among the most active buyers and makes deals almost weekly.
Alongside the news of a possible purchase, Strategy proposed to change the frequency of dividend payments. In a video presentation for shareholders published by Saylor on April 17, the company's CEO Phong Le explained the essence of the initiative: to pay dividends not once, but twice a month — on the 15th and on the last day of each month, totaling 24 times a year at the current rate of 11.5%.
According to Le, one of the key issues of the existing scheme is the sharp drop in demand after investors lose their right to the next dividend. This cools buyer activity and slows down the pace of new stock sales. 'If we switch to STRC payments every half month, we will be in the first category — the only privileged instrument in the world with such frequency. We consider this unique and attractive,' said Le.
The company considered more aggressive options — weekly and even daily record dates — but settled on payments every two weeks. The limiting factor was Nasdaq rules: the exchange requires a minimum gap of ten days between the record date (the day when the company fixes the list of shareholders for receiving dividends) and the payment date.
The preliminary document has already been sent to the Securities and Exchange Commission (SEC). The final document is expected on April 28, when the shareholders' voting will also open. It will end on June 8 at the annual meeting, and the new dividend schedule — upon approval — is set to take effect from mid-July.
On April 17, shares of Strategy (MSTR) increased by 11.8%, closing at $166.52. However, over the past twelve months, the shares have lost more than 47%.
