According to a conditional statement disclosed on October 16, 2026, the dividends of STRC of Strategy may be changed to daily payments as early as November, provided that these preferred stocks remain below $100. Cointelegraph and CryptoBriefing refer to $100 as their par value; however, the par value listed in the 8-K filing for Form is $0.001 per share.

This change will adjust the payment frequency, but it will not alter the total dividend for the month: it will still be $1.00 per share, calculated at an annualized rate of 12%.

The plan requires common stockholders to approve a revision at a special meeting to be held on October 28, 2026, at 10:00 a.m. Thereafter, the revised certificates must also be submitted by November 1 in order for the daily payment arrangement to take effect.

STRC Dividends will remain at an annualized level of 12%

According to the Form 8-K submitted to the U.S. Securities and Exchange Commission under Form, the board of directors' statement covers each calendar day from November 1st to November 30th, 2026. Each dividend will be paid on the business day following its record date, with the first payment expected to be made on November 2nd, 2026.

If approved, the daily distribution will replace the current bi-monthly payment arrangement, which is currently set at $0.50 per share. If not approved, the current arrangement will continue. In either case, the total dividend for November will remain the same.

Strategy indicates that before STRC achieves 'sustainable and healthy trading around $100 per share', management will continue to recommend maintaining a 12% interest rate. On October 16th at UTC at 13:36, the stock price was $99.32, down 0.2%.

In addition to the dividend arrangements, this type of preferred stock is also an important tool for Strategy to raise funds for purchasing Bitcoin. Last week, the company bought 250 Bitcoins for $21.5 million, increasing its holdings to 848,250 BTC.

However, in an earlier period, the repurchase expenditures were significantly higher. As of the week ending October 4th, Strategy repurchased STRC worth $176 million, while the expenditure on purchasing Bitcoin during the same period was $28 million; the former exceeded the latter by six times.

On June 29, 2026, Strategy introduced a capital framework that allows the sale of Bitcoin to fund dividends and raised the annual dividend rate of STRC to 12%.

This article was completed with the assistance of artificial intelligence and has been reviewed by a team of editors.