Contents
Key Highlights
- Michael Saylor’s cryptic “Think Even ₿igger” post on X signals an incoming Bitcoin acquisition potentially surpassing last week’s $1 billion purchase
- The company acquired 13,927 BTC for approximately $1 billion from April 6–12, paying an average of $71,902 per Bitcoin
- Market watchers predict the upcoming purchase could surpass $3 billion, potentially adding over 40,000 BTC to Strategy’s holdings
- The company unveiled plans for semi-monthly STRC dividend distributions, with shareholder voting scheduled to begin April 28
- Strategy (MSTR) shares surged 11.8% on Friday, reaching $166.52, despite a 47%+ decline over the trailing twelve months
Michael Saylor, Strategy’s executive chairman, has once again captured the attention of cryptocurrency enthusiasts and equity investors alike. His recent X post featuring the phrase “Think Even ₿igger” has sparked widespread speculation about an imminent Bitcoin acquisition that could dwarf previous purchases.
This cryptic message arrived mere days following Strategy’s announcement that it accumulated 13,927 Bitcoin valued at roughly $1 billion during the period spanning April 6 through April 12, securing the digital assets at an average cost of $71,902 each.
Saylor’s messaging strategy has become predictable—in a good way for those tracking the company. Whenever he shares his iconic “Orange Dots” visualization—a graphical representation documenting Strategy’s cumulative Bitcoin acquisitions—it’s typically followed by a formal purchase announcement, usually arriving on Mondays.
This pattern materialized again last week. The same sequence played out the previous week when Strategy announced a $330 million Bitcoin purchase.
Financial analyst Mike Flaum suggested via X that the forthcoming acquisition could involve more than 40,000 BTC. Based on prevailing market rates, such a transaction would exceed $3 billion in value.
According to Strategy’s STRC preferred stock ATM tracking data, approximately $1.76 billion in liquidity remains available—capital the company routinely deploys for Bitcoin acquisitions.
Strategy’s Bitcoin treasury currently contains 780,897 BTC, representing approximately $58.2 billion in value. This positions the company as the undisputed leader in corporate Bitcoin holdings among all publicly traded entities.
Twice-Monthly Dividend Structure Unveiled
Beyond acquisition speculation, Strategy introduced another significant development this week: a proposed restructuring of its STRC dividend payment schedule. The company plans to shift from monthly distributions to a semi-monthly cadence—with payments scheduled for the 15th and final day of each month—totaling 24 annual payments at the existing 11.5% rate.
CEO Phong Le articulated the rationale in a shareholder presentation video, explaining that investor interest declined following dividend eligibility cutoff dates, which reduced purchasing momentum and hindered new share issuances.
“It should stabilize the price, dampen cyclicality, drive further liquidity and grow demand,” Le said.
The leadership team evaluated weekly and daily dividend frequencies before settling on the semi-monthly approach. NASDAQ regulations mandate a minimum ten-day interval between record and payment dates, establishing the practical limit.
A preliminary proxy statement was submitted to the SEC on Friday. The final filing is anticipated April 28, coinciding with the opening of shareholder voting. The voting period concludes June 8 during the annual shareholder meeting, with potential implementation of the revised schedule in mid-July pending approval.
Stock Performance and Underwater Position
MSTR experienced an 11.8% rally on Friday, settling at $166.52. However, despite this impressive single-session gain, the equity remains down over 47% on a one-year basis.
The Financial Reality Behind the Optimism
Strategy disclosed $14.46 billion in unrealized losses on its digital asset portfolio in its first-quarter financial report released earlier this month.
Bitcoin currently trades near $74,877, while the company’s average acquisition cost across its entire holdings stands at $75,577—indicating the treasury is marginally below breakeven at present market valuations.
As of Sunday, BTC continues trading within a consolidation range despite fresh accumulation signals emanating from Saylor.
