MicroStrategy Buys 535 Bitcoin and Proposes Semi-Monthly STRC Dividend
MicroStrategy acquired an additional 535 bitcoins on May 11, increasing its treasury allocation. The company also launched a shareholder vote to modify its STRC dividend distribution from monthly to a semi-monthly schedule.
1. Bitcoin Acquisition
On May 11, MicroStrategy purchased 535 bitcoins in a secondary-market transaction, further bolstering its digital-asset treasury. This latest addition underscores the company’s ongoing strategy of capital deployment into bitcoin.
2. STRC Dividend Proposal
The board has opened a shareholder vote to shift STRC dividend distributions from a monthly to a semi-monthly cadence. Approval would adjust payment frequency, aiming to provide more regular cash returns to stockholders.
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