Strategy Executive Chairman Michael Saylor has proposed changing dividend payments on billions of dollars of preferred stock from semi-monthly or quarterly to daily payments, with an annualized yield of up to 12%. According to Odaily, Strategy has more than $14 billion of preferred stock outstanding. The company previously raised funds by selling common stock to buy Bitcoin, then shifted to issuing perpetual preferred stock after the premium on its common shares relative to Bitcoin assets disappeared. Shareholder voting on the proposal will end on October 28.