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Michael Saylor, the founder and executive chairman of Bitcoin Treasury Company Strategy, posted that STRC and MSTR shareholders have approved changing the dividend payment frequency of STRC from monthly to semi-monthly. According to the new arrangement, the first record date is June 30, and the first payment date is July 15.

Notable gold supporter and cryptocurrency critic Peter Schiff posted on X, stating: "Most STRC investors may ultimately lose most of their funds, as once Michael Saylor is forced to cancel the dividend distribution, the price of STRC will eventually crash.At that time, a large number of lawsuits are likely to further exacerbate the problems faced by Strategy (MSTR). Those investors who suffered losses due to misleading promotions are expected to seek compensation through legal means to recover their investment losses."

According to official news, Strategy proposed to change the dividend distribution frequency of STRC from monthly to bi-monthly. The company stated that if the amendment is approved and implemented, it may reduce reinvestment delays, enhance liquidity, market efficiency, and price stability.This amendment requires approval from both MSTR and STRC shareholders to pass. Strategy stated that shareholders can vote through their brokerage accounts or contact their proxy solicitation firm, Alliance Advisors, for related inquiries.

Strategy founder Michael Saylor confirmed that the dividend yield of the perpetual preferred stock STRC will remain at 11.50% unchanged in June 2026.

According to CoinDesk, Strategy perpetual preferred stock STRC (Stretch) fell to a low of $97.11 on Thursday, then rebounded to $98.57, failing to maintain the par value of $100. The pressure on STRC mainly comes from Bitcoin's drop to around $73,000, compounded by the effects of the ex-dividend date.Recently, Strategy spent $1.5 billion to repurchase zero-coupon convertible bonds maturing in 2029, causing cash reserves to plummet from about $2.25 billion to $871 million. Based on an annual preferred stock dividend obligation of about $1.7 billion, the current cash can only cover about 6 months, far below the previously set target of 24 months. Executive Chairman Michael Saylor stated that the company will raise funds by selling Bitcoin, issuing additional shares when MSTR's stock price exceeds 1.22 times NAV, or continuing to issue STRC.Meanwhile, competitor Strive Asset Management's perpetual preferred stock SATA continues to anchor at a par value of $100, offering about a 13% dividend yield, and plans to launch a daily dividend mechanism, having completely eliminated debt. Over the past three months, Strive's stock price has increased by about 110%, significantly outperforming MSTR's 12% increase and Bitcoin's 8% increase.

Bitcoin Treasuries.NET posted on platform X that Michael Saylor from Strategy stated that the annualized operating rate of STRC reached 24 billion dollars, which alone buys 2 to 3 times the Bitcoin output of miners. Strategy has purchased 11 billion dollars in BTC so far this year, with a buying speed that has reached 2 times the output speed of miners.

Virtus Investment, which manages assets totaling $154 billion, has increased its position in Stretch (STRC) under the Bitcoin treasury company Strategy to 402,880 shares, valued at $40 million.

Strategy founder Michael Saylor stated that the company's goal is to maximize the growth of the credit tool STRC to further expand the scale of Bitcoin purchases and increase the per-share BTC holdings. He also emphasized that the company aims to minimize volatility and uncertainty as much as possible.

Strategy's preferred stock STRC recorded a record trading volume on Thursday, with a transaction amount reaching $1.53 billion, more than quadrupling the average over the past 30 days. Reports indicate that this peak in trading mainly occurred on the eve of the ex-dividend date, with a large number of trades priced at or above the $100 par value level. STRC currently offers an annualized cash dividend of approximately 11.5%, paid monthly.The high trading volume propelled Strategy to complete a new round of Bitcoin accumulation through its ATM (at-the-market) financing mechanism, purchasing approximately 11,707 BTC, allowing the company to continue expanding its position as the largest publicly traded Bitcoin holder in the world. Market data shows that STRC slightly retreated by about 1% in pre-market trading after entering ex-dividend trading, approaching the trading range just below $100, consistent with the usual price adjustment pattern for dividend-paying assets after the ex-dividend date. During the same period, the price of Bitcoin slightly weakened to around $80,500, and Strategy's common stock also fell by about 2%, reflecting the continued significant correlation between cryptocurrency assets and the company's stock price.

Delphi Digital published a report stating that the variable rate Series A perpetual preferred stock STRC of Strategy has an authorized issuance limit of approximately $28.3 billion. If this value is reached without expanding the limit, the accumulation rate of Bitcoin by Strategy may slow down.On Monday, Strategy purchased 535 Bitcoins for $43 million, with most of the funds raised through the sale of Class A common stock MSTR. Currently, Strategy's market net asset value is 1.25 times. Researchers pointed out that when mNAV is low, Strategy uses STRC as the main accumulation tool, and if mNAV expands, it may acquire Bitcoin through the sale of MSTR. Strategy has a cash reserve of $2.25 billion, and the next significant cash obligation will mature in September 2027.

The Bitcoin accumulation plan under Strategy's Stretch (STRC) has been launched during pre-market trading, and sufficient funds have been raised to purchase 15 BTC.

According to The Block, K33 research director Vetle Lunde stated that Strategy's perpetual preferred stock STRC may be becoming an important factor driving the mid-month rise in Bitcoin. Lunde pointed out that STRC dividends are paid on the last day of each month, while the ex-dividend date is set around the 15th of each month.Since Strategy will issue additional shares through the ATM mechanism when the STRC price exceeds the $100 par value and use the raised funds to purchase BTC, the market demand for STRC tends to increase before the ex-dividend date, often leading to more BTC buying.Data shows that the scale of BTC purchased by Strategy through STRC has grown from 4,467 coins in January this year to about 46,872 coins in April. Currently, Strategy's total Bitcoin holdings have reached 818,869 BTC, valued at approximately $6.57 billion.However, K33 also noted that the speed at which STRC returned to par value this month has slowed compared to before, with only 1 BTC added through this tool recently, indicating that market demand may be approaching a phase of plateau.

Strategy's STRC Bitcoin accumulation has begun, and sufficient funds have been raised to purchase 17 BTC.

The cryptocurrency research institution Delphi Digital released the latest report "How Far Can Saylor Stretch It," which systematically analyzes the Bitcoin (BTC) funding expansion mechanism of Strategy, pointing out that its financing structure is transitioning from "low-cost accumulation" to the "diminishing marginal efficiency" stage. The report shows that in the current asset accumulation system centered around Bitcoin, STRC has become the core financing tool for Strategy's continuous purchase of BTC. Initially, it relied on a significant premium in MSTR's stock price (mNAV far exceeding BTC's net value) to achieve a positive cycle of "issuance leads to accumulation," but as the valuation has fallen back to about 1.24 times the EV-based mNAV, the BTC per share enhancement effect from common stock issuance is nearing breakeven.At the same time, while convertible bond tools have played an important role historically, they have accumulated about $8.2 billion in principal and will face concentrated repayment pressure after September 2027, putting long-term sustainability of the financing structure under pressure. STRC provides a continuous financing source for Strategy by offering approximately 11.5% annualized monthly dividends to income-oriented investors, to maintain the pace of BTC purchases. However, this mechanism also introduces ongoing cash flow obligations, meaning that each round of financing increases BTC assets while simultaneously accumulating future dividend burdens.The report emphasizes key risk scenarios: if BTC prices remain stagnant and MSTR's premium fails to recover, then the "STRC financing purchase gain" may be gradually offset by "common stock dilution and dividend obligations." Although the company's approximately $2.25 billion cash reserves can cover about $1 billion in redemption pressure in 2027, larger-scale debt and dividend structures in 2028 still need to be addressed. Additionally, the current authorized issuance limit of about $28.3 billion for STRC becomes a critical constraint point. Once the limit is reached, the ability to purchase new BTC may slow down, but existing dividend obligations will continue to exist, thus altering the overall BTC per share dynamic growth path.

The issuance of TRC20-USDT has increased to 89.3 billion, setting a new historical high. Since the beginning of this year, the TRON network has cumulatively issued 8 billion USDT. As of now, the number of accounts holding TRC20-USDT has reached 74.15 million, with a total of over 3.36 billion transfers. Meanwhile, the total number of TRON accounts has recently surpassed 380 million.In addition, data from the cryptocurrency payment card analysis platform PaymentScan shows that by April 2026, global cryptocurrency card transaction volume will exceed 650 million USD, with the TRON network maintaining a leading position with a 32% share, and its cryptocurrency card transaction volume has surpassed the combined total of Ethereum and BNB Chain.TRC20-USDT is a stablecoin pegged to the US dollar issued by Tether on the TRON network. Its characteristics of fast transfer speed and low fees have attracted a large number of users, and it has already received support from several exchanges including Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, and Poloniex. The TRC20 version of USDT will significantly enhance the existing decentralized application ecosystem of TRON, bringing higher overall value storage and stronger liquidity for decentralized exchanges, and providing a more convenient blockchain entry for enterprise partners and institutional investors.

According to Bitcoin.com, Strategy Executive Chairman Michael Saylor recently published an article explaining the low volatility positioning of STRC as a Bitcoin-related investment tool.STRC is Strategy's perpetual preferred stock, with an annual dividend yield of 11.5%, paid in cash monthly, and the dividend rate is adjusted monthly to encourage trading close to the $100 par value and reduce price volatility. Saylor stated that STRC is a credit product designed for income, stability, liquidity, and principal protection, backed by the company's Bitcoin and USD assets, with a preferred stock structure that is more scalable and durable than debt.Strategy proposed to change the STRC dividend payment frequency from once a month to twice a month (on the 15th and at the end of the month), with the total annual dividend remaining unchanged, aimed at stabilizing the price, suppressing cyclicality, and enhancing liquidity. Saylor used a metaphor to distinguish the three: STRC is a passenger plane, BTC is a fighter jet, and MSTR is a rocket ship. Strategy currently holds 818,334 Bitcoins, accounting for about 3.9% of the total supply of 21 million. STRC has reached a scale of $8.5 billion within nine months.

On-chain yield stablecoin developer Saturn announced that it has added approximately $17 million in Strategy's perpetual preferred stock STRC-related shares over the past three days, bringing its total holdings to about $50 million.Analysts believe that Saturn's continued accumulation reflects its long-term confidence in the asset structure and yield mechanism of STRC, further strengthening its asset allocation in the on-chain yield stablecoin strategy.

Latest news, the issuance of TRC20-USDT has increased to 87.3 billion, setting a new historical high. Since the beginning of this year, the TRON network has cumulatively issued 6 billion USDT. As of now, the number of accounts holding TRC20-USDT has reached 73.81 million, with a total of over 3.33 billion transfers.In addition, the TRON Q1 2026 report released by CoinDesk Data shows that TRON's share in the overall stablecoin market has risen to 27.3%; at the same time, TRON's Q1 protocol fee revenue reached 82.2 million USD, reflecting its ability to convert stablecoin dominance into substantial protocol revenue.TRC20-USDT is a dollar-pegged stablecoin issued by Tether based on the TRON network. Its characteristics of fast transfer speed and low fees have attracted a large number of users, and it is already supported by several exchanges including Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, and Poloniex. The TRC20 version of USDT will significantly enhance the existing decentralized application ecosystem of TRON, bringing higher overall value storage and stronger liquidity for decentralized exchanges, and providing a more convenient blockchain entry for enterprise-level partners and institutional investors.

According to Cointelegraph, Strategy proposed to change its STRC dividend payment frequency from once a month to once every two weeks, and shareholders can now vote on this amendment.