shared<\/a> a chart of the company\u2019s historical buying patterns alongside the caption \u201cThink Even \u20bfigger.\u201d\u00a0<\/p>\nThe 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.\u00a0<\/p>\n
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.<\/p>\n
Dividend overhaul to boost liquidity<\/h2>\n
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.\u00a0<\/p>\n
<\/p>\n
By increasing the frequency to 24 payments a year at the current 11.5% rate, the company hopes to attract more consistent buying interest.<\/p>\n
\u201cWhat do we think this will do, it should stabilize the price, dampen cyclicality, drive further liquidity and grow demand,\u201d Le said.<\/p>\n
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.<\/p>\n
\u201cIf 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,\u201d Le added.<\/p>\n
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.<\/p>\n
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.<\/p>\n
<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
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…<\/p>\n","protected":false},"author":1,"featured_media":517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=26293"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26293\/revisions"}],"predecessor-version":[{"id":26294,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26293\/revisions\/26294"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/517"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=26293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=26293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=26293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}