Michael Saylor Urges STRC Shareholders to Vote on Dividend Change

Michael Saylor is calling on STRC shareholders to vote on a proposal to shift dividend payments from monthly to semi-monthly, with the deadline set for June 8. According to BeInCrypto, the proposal aims to maintain the annualized yield at 11.5% while doubling payout frequency, which Strategy claims will reduce reinvestment lag and improve market efficiency. The vote coincides with criticism from gold advocate Peter Schiff, who argues that Strategy is depleting its cash reserves and faces liquidity issues. Schiff has labeled the structure a Ponzi scheme, citing Strategy's recent $1.38 billion debt retirement and potential BTC sales to cover dividends.