Michael Saylor, co-founder of Strategy, signaled a possible additional large Bitcoin purchase just a week after the firm disclosed roughly $1 billion of BTC acquisitions in early April.
The company reported it bought 13,927 Bitcoin for $1 billion between April 6 and April 12, at an average price of $71,902 per coin. Ahead of that filing Saylor posted “Think ₿igger,” and on Sunday he followed with “Think Even ₿igger” alongside a chart of Strategy’s purchase history — a phrase he has used previously to hint at further buys.
The hint comes as Strategy has proposed changing its dividend cadence to semi-monthly payments, scheduled for the 15th and month-end, yielding 24 distributions a year at the current annual rate of 11.5%. In a video presentation, CEO Phong Le said the move is intended to stabilize the stock, reduce cyclical swings, increase liquidity and boost demand.
A preliminary proxy was filed with the U.S. Securities and Exchange Commission on Friday; the definitive proxy is expected on April 28, when shareholder voting opens. Voting runs through the annual meeting and closes on June 8. If approved, the semi-monthly schedule would begin around mid-July.
Le said the change is designed to blunt drops in buying that occur after investors become ineligible for an upcoming dividend, which can cool demand and slow new share issuance. The company evaluated other options, including weekly and daily record dates, but noted NASDAQ rules require at least a ten-day gap between a record date and its payment date.
Strategy holds the largest Bitcoin reserve among publicly traded companies — 780,897 BTC, worth about $58.2 billion according to Bitbo — and is a frequent buyer with regular weekly purchases. Strategy’s stock (MSTR) jumped 11.8% on Friday to $166.52, though it is still down more than 47% over the past year. The company continues aggressive accumulation despite reporting $14.46 billion in unrealized digital-asset losses in the first quarter.
