Strategy Inc. has requested shareholder approval to transition its U.S.-listed preferred stocks, including STRC, to a daily dividend payment schedule. The company board has already approved the motion to shift the dividend record date to every calendar day, while keeping the total annual payout and current dividend terms unchanged.
The STRC stock currently provides a 12.00% annual dividend rate. The company recently transitioned this asset from monthly to semi-monthly payments, and the new proposal marks the next step in its digital credit strategy. Shareholders will vote on the implementation of the daily schedule during an upcoming special meeting.
The company continues to pursue a broader financial strategy that includes significant Bitcoin acquisitions. Recent corporate actions include a $76 million purchase of Bitcoin and a $174 million repurchase of STRC shares. CEO Phong Le has confirmed the company intends to maintain its ongoing Bitcoin accumulation strategy.
