MicroStrategy co-founder Michael Saylor teased another large Bitcoin buy Friday, as the company’s BTC treasury edges toward 800,000 coins.
In a post on X, Saylor shared a chart of MicroStrategy’s historical accumulation with the short caption “Think Even ₿igger,” fueling speculation that more purchases are coming after the firm closed a $1 billion buy earlier this month. A regulatory filing last Monday disclosed that MicroStrategy added 13,927 BTC between April 6 and 12 at an average price of $71,902 per coin — a move that cost roughly $1 billion.
Those latest purchases bring MicroStrategy’s total holdings to 780,897 BTC, the largest publicly traded corporate stash, with a market value around $58.2 billion.
At the same time, MicroStrategy CEO Phong Le is pitching a structural change designed to boost steady investor demand: a shift to semi-monthly dividend payments on the company’s preferred stock (STRC). Under the proposal outlined in a shareholder video, dividends would be paid on the 15th and the last day of each month — 24 distributions a year — at the current 11.5% rate.
Le argues the move would smooth volatility, increase liquidity and reduce the recurring lull in activity that follows less frequent payout schedules. “What do we think this will do, it should stabilize the price, dampen cyclicality, drive further liquidity and grow demand,” he said, adding that the change would make STRC “the only preferred in the world that pays semi-monthly dividends.”
The proposal arrives amid sizable unrealized paper losses: MicroStrategy reported $14.46 billion in unrealized losses on its digital assets in Q1. Still, investors reacted positively to the dividend plan and the prospect of continued Bitcoin buys, sending MSTR shares up 11.8% to $166.52 on Friday.
A preliminary proxy has already been filed with the SEC, with a definitive version expected by April 28. If shareholders approve the measure at the annual meeting on June 8, the semi-monthly payment schedule would begin in mid-July, subject to Nasdaq’s requirement that the company maintain a 10-day window between the record date and distribution.
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