Strategy, a major holder of Bitcoin in the crypto asset markets, saw its shares close last week down 5.11 percent at $177.42. The company’s executive chairman, Michael Saylor, hinted at another Bitcoin purchase by sharing a cryptic “Big Dot Energy” image on social media, reigniting investor speculation about further additions to their BTC holdings.
Saylor’s latest ‘big dot’ signals new BTC acquisition
On Sunday, May 17, Saylor published the well-known orange dot-themed visual that often precedes announcements of new Bitcoin buys by his company. The accompanying phrasing led many investors to believe that a significant purchase might be in the pipeline in the near term. According to details about the graphic, every Bitcoin acquisition by Strategy over the past six years is documented, with the scale of each buy reflected in the size of its corresponding dot.
Record-breaking Bitcoin holdings and recent purchases
Currently, the company is recognized as one of the largest publicly known institutional holders of BTC, with 818,869 Bitcoins in its reserves. This vast trove is currently valued at about $67.2 billion based on market data. Across leading platforms tracking real-time prices, the value of Bitcoin during this period stood near $77,996. The company’s most recent purchase topped up its portfolio with $43 million worth of Bitcoin last Monday. Notably, these significant transactions are frequently preceded by Saylor’s social media hints, keeping the market on alert.
By publicly documenting its Bitcoin transactions, the company provides clear signals to the market when large-scale acquisitions are imminent.
STRC sales boost capital; latest financial snapshot
Last week, Strategy raised a net $2.03 billion in capital through sales of its STRC preferred shares. This amount would be sufficient to acquire over 25,000 Bitcoins at current prices. Newly released figures show the company’s total debt stands at $8.25 billion and its STRC preferred equity amounts to $13.54 billion. The company has about $2.25 billion in cash on hand, while its market capitalization has been calculated at $65.7 billion.
The STRC preferred share currently yields investors an annual 11.5 percent, with monthly adjustments aiming to keep the security close to its notional $100 price.
Twice-monthly dividends: shareholder vote kicks off
The company’s board has initiated a shareholder vote—running through June 8—on a proposal to pay STRC dividends twice per month rather than monthly. This change is said to offer investors greater ease of reinvestment, enhance market liquidity, and support long-term price stability.
Individual investors collectively hold around 80 percent of all STRC instruments. According to a study from Harvard Law School, private investors typically exercise their voting rights 29 percent of the time, while institutional investors participate at rates reaching 77 percent. In response, Strategy’s management is pursuing a robust awareness and engagement campaign aimed at boosting participation among retail shareholders.
To encourage engagement in the vote, CEO Phong Le and chairman Michael Saylor will join a live, interactive Q&A event hosted by Natalie Brunell. The session will be streamed on YouTube and X on the evening of Wednesday, May 22.
If the proposal gains approval, the new twice-monthly dividend distribution schedule would see the first payout on June 15, with the inaugural physical check mailing set for July 15. Shareholders retain voting rights until June 8, 2026.
