🚨 Strategy eyes daily dividends for preferred shares
Michael Saylor’s Strategy is proposing daily dividend record dates for STRF, STRC, STRK and STRD...
If shareholders approve the plan, dividends would accrue daily, including weekends and holidays, with payments made on the next business day 💰
The proposal does not increase the dividend rates or total dividend obligations
The bigger picture is Strategy’s Bitcoin strategy...
More attractive and liquid preferred securities could help Strategy access capital markets more efficiently, supporting its broader Bitcoin treasury strategy 🪙
The shareholder vote is scheduled for October 28, so this is not active yet
If approved, STRC could begin the daily schedule in November, while STRF, STRK and STRD are expected to follow in January 2027
#MichaelSaylor
Michael Saylor’s Strategy is proposing daily dividend record dates for STRF, STRC, STRK and STRD...
If shareholders approve the plan, dividends would accrue daily, including weekends and holidays, with payments made on the next business day 💰
The proposal does not increase the dividend rates or total dividend obligations
The bigger picture is Strategy’s Bitcoin strategy...
More attractive and liquid preferred securities could help Strategy access capital markets more efficiently, supporting its broader Bitcoin treasury strategy 🪙
The shareholder vote is scheduled for October 28, so this is not active yet
If approved, STRC could begin the daily schedule in November, while STRF, STRK and STRD are expected to follow in January 2027
#MichaelSaylor
