Bitcoin News

Story: Saylor Teases New Bitcoin Buy While Strategy Eyes Twice-Monthly Dividend Shift

By Sakamoto Nashi

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Why Institutions Care About Payment Frequency. STRC launched in mid-2024 with that 11.5% yield. Volatility dropped from 13% to 2.

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Cash Pile Waiting for Deployment. Strategy's $2.25 billion cash reserve looms large. The company didn't specify when the next…

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Dual Approval Process Ahead. The dividend proposal needs two separate approvals. STRC preferred holders vote, and MSTR common…

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Michael Saylor just dropped a chart. The Strategy executive chairman posted the company's entire Bitcoin buying history, and the pattern's pretty clear—recent purchases dwarf the…

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The timing's interesting. Strategy wants to change how it pays dividends on its STRC preferred stock, moving from monthly to twice-a-month payments.

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STRC launched in mid-2024 with that 11.5% yield. Volatility dropped from 13% to 2.1% recently as institutional demand picked up, pushing the notional value to $6.4 billion.

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That's not just a novelty. Institutional investors use preferred stocks as collateral for borrowing, and the haircuts—the discount lenders apply—depend partly on how stable the…

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The cycle feeds itself. More institutional buyers push into STRC because the collateral works better. Strategy raises more capital through STRC offerings.

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Strategy's $2.25 billion cash reserve looms large. The company didn't specify when the next Bitcoin purchase happens or how much it'll spend. But Saylor's chart wasn't random.

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The last purchase topped $1 billion. That was a record for Strategy, which used to be called MicroStrategy before rebranding.

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Related: Strategy Lines Up $1.76B War Chest for Potential Record Bitcoin Buy

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Bitcoin's price moves fast, so Strategy's timing matters. The company typically buys during windows when it's raised fresh capital or when Saylor sees an opportunity.

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Analysts watching Strategy know the pattern. Big cash raise, followed by big Bitcoin buy, followed by another capital market move to reload.

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The dividend proposal needs two separate approvals. STRC preferred holders vote, and MSTR common shareholders vote. Both groups have to say yes.

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Institutional holders will probably back it. The collateral benefits are real, and reducing ex-dividend volatility helps anyone using STRC in repo markets or as loan collateral.

The Currency Analytics

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