Michael Saylor said Monday that Strategy (NASDAQ: MSTR ) shareholders had approved an amendment moving STRC preferred dividends from monthly to semi-monthly. The first record date is June 30 and the first payment July 15. A separate 8-K filed this morning disclosed that Strategy sold roughly 1.4 million MSTR shares for $181 million through its at-the-market program last week, used the proceeds to buy another 1,550 Bitcoin (CRYPTO: BTC ) , and earmarked a $1 billion cash reserve specifically to backstop preferred dividends and interest payments. Schiff’s Flywheel Argument Peter Schiff , the gold bug and persistent Bitcoin critic, was not impressed by the new changes . He posted that Strategy’s original model generated positive Bitcoin yield by issuing common ... Full story available on Benzinga.com