Strategy's Michael Saylor teases BTC buy with 'working better' tweet
Michael Saylor signaled that Strategy will likely announce new Bitcoin purchases in the coming days, continuing a pattern of pre-purchase teasers. The move comes just before a June 7 proxy vote on changing the company’s STRC perpetual preferred stock from monthly to semi-monthly dividends. Strategy says the change would improve liquidity, reduce reinvestment lag, and support price stability. The company is urging retail shareholders to vote, since approval needs support from 50% of the 85 million shares outstanding as of April 17, 2026. Strategy’s average Bitcoin cost is about $75,701 per coin, while BTC was trading slightly below that level. The push highlights how important retail participation is, since individual investors typically vote far less often than institutions.
