Strategy Shareholders Approve Daily Dividends for Preferred Stocks

Strategy shareholders have voted in favor of a significant amendment allowing daily dividends on four preferred stocks: STRF, STRC, STRK, and STRD. The approval, announced by Executive Chairman Michael Saylor, received 99.3% of votes cast during a special meeting held on October 28.

This amendment enables dividends to accrue every calendar day, including weekends and holidays, with payments made on the next business day. The aim is to reduce reinvestment lag, enhance liquidity, and improve market efficiency, ultimately increasing price stability for the company's Digital Credit instruments.

Strategy's decision to implement daily dividends follows a period of slowed Bitcoin purchases and the need to fund preferred dividends and interest payments. The company currently holds 848,517 BTC, acquired for $64.02 billion at an average price of $75,446 per Bitcoin. The first record and payment dates for the new dividend structure are set for November 1 and 2, 2026, for STRC, and January 1 and 4, 2027, for STRF, STRK, and STRD, contingent on board approval and operational readiness.

As of late October, Strategy had paused its Bitcoin purchases for a week and had recently repurchased $204.9 million worth of STRC preferred stock, while maintaining a cash reserve of $4.83 billion. The company aims to utilize the new dividend structure to attract investors and potentially increase its Bitcoin holdings in the future.