Michael Saylor Hints at Bitcoin Purchase Amid Strategy's Dividend Proposal
Strategy's Michael Saylor teases BTC buy with 'working better' tweet

Image: Cointelegraph
Michael Saylor, CEO of Strategy, hinted at a potential Bitcoin purchase following a tweet about BTC's 200-week moving average surpassing $61,000. The company is also pushing for retail shareholders to vote on a proposal to change dividend payments from monthly to semi-monthly, aiming for greater liquidity and market efficiency.
- 01BTC's 200-week moving average has surpassed $61,000, indicating a potential long-term upward trend.
- 02Strategy is proposing to change its dividend payments to semi-monthly, requiring 50% approval from shareholders to pass.
- 03Retail investor participation in proxy voting has been low, with only 29% voting in recent seasons compared to 77% for institutional holders.
- 04Michael Saylor's tweet comes ahead of a critical proxy vote deadline on June 7.
- 05Strategy's CEO Phong Le has actively engaged with shareholders through video messages to encourage participation.
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Michael Saylor, CEO of Strategy, recently tweeted about Bitcoin's (BTC) 200-week moving average exceeding $61,000, which some analysts view as a bullish signal for the cryptocurrency's long-term price trajectory. This tweet coincides with Strategy's efforts to encourage retail shareholders to participate in an upcoming proxy vote on a significant amendment regarding dividend payments. The proposal aims to shift from monthly to semi-monthly dividends, which the company believes will enhance liquidity and market efficiency. To pass, the amendment requires approval from 50% of the 85 million shares outstanding as of April 17, 2026. As the June 7 deadline approaches, Strategy's investor relations team has been actively communicating with employees and shareholders, emphasizing the importance of every vote. Despite these efforts, retail shareholder engagement remains low, with only 29% of shares voted in recent proxy seasons, compared to 77% for institutional investors. This context highlights the challenges Strategy faces in mobilizing retail investors for this critical vote.
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