In a move that can only be described as “let’s buy some more Bitcoin because why not,” Michael Saylor, the co-founder of Strategy, has hinted at yet another colossal Bitcoin acquisition. This comes hot on the heels of a $1 billion purchase completed earlier this month, which surely didn’t involve any soul-searching over breakfast.
- Strategy, in what can only be seen as a corporate flex, is currently basking in the glory of having the world’s largest corporate Bitcoin treasury, boasting a staggering 780,897 coins worth over $58 billion. That’s a number so big it makes your bank account look like it has an eating disorder.
- Saylor, clearly not one to shy away from social media drama, hinted at this new multi-billion-dollar Bitcoin spree just days after the company confirmed its previous purchase. Someone give this man a trophy for ‘Most Enthusiastic Investor’!
On a lovely Sunday, Saylor decided to share a chart showcasing the company’s historical buying patterns on X (formerly Twitter), accompanied by the cheeky caption “Think Even ₿igger.” Because who doesn’t love a good pun, especially when it’s about digital gold?
His latest announcement follows a regulatory filing from last Monday, where Strategy sheepishly admitted to acquiring 13,927 Bitcoin between April 6 and 12. This delightful haul cost the company a cool $1 billion at an average price of-wait for it-$71,902 per token. If you’re wondering how to spend a billion dollars, apparently buying overpriced virtual coins is one way to go.
Currently, Strategy holds the crown for the largest Bitcoin stash of any publicly traded company, with its total treasure trove valued at approximately $58.2 billion. I mean, if you’re going to hoard something, you might as well make it something that could literally disappear in a puff of digital smoke.
Dividend Overhaul to Boost Liquidity
Meanwhile, in the land of exciting corporate strategies, Strategy CEO Phong Le unveiled a brilliant plan on Friday to usher the company into a semi-monthly dividend schedule. Yes, folks, you heard that right! They’re suggesting paying dividends on the 15th and at the end of every month. Because clearly, waiting for dividends is so last year.
By cranking up the frequency to 24 payments a year at the current 11.5% rate, the company hopes to attract a more consistent wave of buying interest. As if they were trying to get everyone addicted to their financial products like some sort of capitalist candy dealer.
“What do we think this will do? It should stabilize the price, dampen cyclicality, drive further liquidity and grow demand,” Le confidently stated. Translation: they hope this will prevent people from panicking and selling in droves every time they see a slight dip in value.
Le also pointed out that the current structure often leads to a drop-off in activity once investors realize they’re 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 offering such frequent distributions. Talk about being unique-like a unicorn in a herd of horses!
“If we were to move forward with paying STRC 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 attractive,” Le added, probably while patting himself on the back for such a brilliant idea.
This proposal emerges as the company grapples with significant paper losses. The first-quarter financial results revealed unrealized losses on digital assets totaling a whopping $14.46 billion. But fear not! Investors seemed unfazed by these figures, reacting positively to the dividend news and the prospect of more Bitcoin buys, causing MSTR stock to surge 11.8% to $166.52 on Friday. Apparently, optimism is the best medicine, even when your finances resemble a horror film.
A preliminary proxy filing is already with the SEC, with a definitive version expected by April 28. If shareholders give the thumbs up at the annual meeting on June 8, this new payment cycle could kick off in mid-July. For now, Nasdaq rules dictate that Strategy must maintain a 10-day window between the record date and the actual payment, because, of course, bureaucracy loves a good waiting game.
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2026-04-20 10:29