💰 Strategy’s preferred stock is about to pay dividends “daily”—could this trigger a new round of Bitcoin buying?
According to Finst and filings Strategy submitted to the SEC, shareholders approved changing four preferred stocks to daily dividend payments at the October 28 shareholders’ meeting, with 99.3% voting in favor.
📊 Key details
• The first takes effect November 1: flagship preferred stock STRC (currently yielding an annualized 12%)
• The other three preferred stocks are scheduled to follow in January
• The annualized dividend rate will remain unchanged; payments will simply be smaller and more frequent
• The company says the new structure could improve STRC’s liquidity and attract more buyers
🔍 Why it matters
• STRC is designed to trade close to its $100 par value; the closer it is, the easier it is to raise funds through additional issuance
• Last week (October 19–25), Strategy did not buy BTC and spent $204.9 million repurchasing about 2.068 million STRC shares
• Its holdings remain at 848,517 BTC, with an average cost of about $75,446; as of October 25, it had about $242.4 million in cash
• However, preferred-stock financing also means a greater dividend burden, which could limit financial flexibility
📈 Market impact: If this financing channel opens up, Strategy may be able to resume buying Bitcoin—but that is only a possibility, not a certainty. BTC is currently around $80,070, with a 24-hour range of about $79,710–$81,790. $79,700 is near-term support, while $81,800 is resistance.
💬 Will daily dividends let Strategy get back to “buying, buying, buying,” or are they just keeping its preferred stock alive?
👉 Trade BTC: https://www.binance.com/zh-CN/trade/BTC_USDT
#Strategy批准优先股每日派息 #Strategy #STRC #BitcoinReserve
⚠️ This is not investment advice. Please be aware of the risks.
According to Finst and filings Strategy submitted to the SEC, shareholders approved changing four preferred stocks to daily dividend payments at the October 28 shareholders’ meeting, with 99.3% voting in favor.
📊 Key details
• The first takes effect November 1: flagship preferred stock STRC (currently yielding an annualized 12%)
• The other three preferred stocks are scheduled to follow in January
• The annualized dividend rate will remain unchanged; payments will simply be smaller and more frequent
• The company says the new structure could improve STRC’s liquidity and attract more buyers
🔍 Why it matters
• STRC is designed to trade close to its $100 par value; the closer it is, the easier it is to raise funds through additional issuance
• Last week (October 19–25), Strategy did not buy BTC and spent $204.9 million repurchasing about 2.068 million STRC shares
• Its holdings remain at 848,517 BTC, with an average cost of about $75,446; as of October 25, it had about $242.4 million in cash
• However, preferred-stock financing also means a greater dividend burden, which could limit financial flexibility
📈 Market impact: If this financing channel opens up, Strategy may be able to resume buying Bitcoin—but that is only a possibility, not a certainty. BTC is currently around $80,070, with a 24-hour range of about $79,710–$81,790. $79,700 is near-term support, while $81,800 is resistance.
💬 Will daily dividends let Strategy get back to “buying, buying, buying,” or are they just keeping its preferred stock alive?
👉 Trade BTC: https://www.binance.com/zh-CN/trade/BTC_USDT
#Strategy批准优先股每日派息 #Strategy #STRC #BitcoinReserve
⚠️ This is not investment advice. Please be aware of the risks.
