Independent tracker Strc.live estimates roughly 15,466 BTC were funneled into Strategy purchases across four active trading days, after STRC preferred share volume hit an all-time record of 15.1 million shares on Thursday.

MicroStrategy’s STRC Engine Powers the Latest Hint

Michael Saylor extended his Sunday hints with a Bitcoin buy tease in a May 17 post, not catching markets by surprise as he often gives an almost similar messaging at the beginning of every week.

Strategy’s recent $1.5 billion repurchase of 2029 convertible notes, settling around May 19, has not slowed the capital-raising flywheel.

The firm holds 818,869 BTC at an average cost of roughly $75,543 per coin.

Thursday’s STRC trading session set an all-time volume record of 15.1 million shares, topping the prior peak from April 14. The community read the spike as fresh proceeds being deployed into Bitcoin.

Retail Vote Could Sharpen the Dividend Stream

Roughly 80% of STRC is held by retail investors across major brokerages including Charles Schwab, Fidelity, and Robinhood.

Strategy is asking those holders to approve moving the 11.5% annual dividend from monthly to semi-monthly payouts.

The amendment would keep the headline rate steady while shortening cash-flow intervals. Approval could reinforce demand for the variable-rate preferred. It could also sustain the at-the-market issuance pipeline that has funded most of Strategy’s Bitcoin buying this year.

Monday’s 8-K should give the market a concrete number to weigh against the community’s 15,466 BTC estimate.

A strong print would back the bullish reading of Saylor’s meme and keep retail attention on the STRC vote ahead of the next dividend record date.
source: https://www.tradingview.com/news/beincrypto:8a18a7ab3094b:0-michael-saylor-teases-bigger-bitcoin-buy-for-microstrategy-as-8-k-filing-looms/