Michael Saylor, executive chairman of Bitcoin-holding firm Strategy, signaled a potential update to the company’s massive BTC treasury hours before a shareholder vote on changing its preferred share dividend schedule. Saylor posted a chart tracking the company’s Bitcoin purchases with the message “A good time to add more dots,” while CEO Phong Le stated the corporate strategy is to increase net Bitcoin holdings over time. The company’s average Bitcoin cost is approximately $75,700 per coin, while BTC currently trades around $62,150.
Strategy executive chairman Michael Saylor posted a cryptic message on social media ahead of a crucial shareholder vote. “A good time to add more dots,” he wrote, alongside a chart tracking the company’s Bitcoin acquisitions, signaling potential news about its holdings.
CEO Phong Le reinforced the company’s direction by sharing the post and adding his own statement. “Our corporate @Strategy is to increase net Bitcoin and Bitcoin per share over time. Rumors otherwise are just rumors,” he said.
Any new purchase would occur with Bitcoin trading significantly below Strategy‘s average cost basis. The company holds 843,706 BTC at an average cost of $75,701 each, but the cryptocurrency’s price has fallen to about $62,153.
Last week, the company paused its Bitcoin accumulation to repurchase corporate debt, causing market concern. Traders feared the move could lead to a liquidation of some BTC holdings to fund the buybacks.
Shareholders are voting on a proposal to change dividend payments on Strategy‘s preferred STRC shares. The amendment would shift payments from monthly to semi-monthly, a change the company claims will enhance liquidity and market efficiency.
Saylor explained the rationale at a recent conference, stating it should decrease volatility and provide more entry and exit points. The proposal requires approval from 50% of all 85 million shares outstanding as of April 17, 2026.
The final decision is expected at Strategy‘s shareholder meeting on Monday. Data shows retail investors have historically voted only about 29% of their owned shares in proxy seasons, compared to 77% for institutional holders.
