Strategy Shareholders approve the change to distribute dividends on preferred stocks on weekdays
Cointelegraph
1h ago
Ai Focus
The revision of Strategy regarding the four preferred securities STRF, STRC, STRK, and STRD has been approved, changing the dividend payment frequency from every six months or quarter to every working day. The company stated that this move will not change the annualized dividend yield, and is aimed at shortening the time between dividend earnings and the receipt of cash, as well as supporting the liquidity and price stability of the preferred stocks.
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Revisions to the four preferred securities of Strategy – STRF, STRC, STRK, and STRD – have been approved. The dividend payments will be changed from once every six months or quarter to once per working day. Dividends will be accrued daily, including weekends and holidays, but the annualized dividend rate will remain unchanged.

Strategy It is expected that the daily payments for STRC will begin on November 2nd, while STRF, STRK, and STRD will follow on January 4, 2027. Strategy indicates that these adjustments are aimed at shortening the time between earning dividends and receiving cash, while also supporting the liquidity and price stability of their preferred stocks.

The annualized dividend yield of Strategy preferred stocks ranges between 8% and 12%, with STRC having a floating interest rate currently set at 12%. The remaining three securities pay fixed dividends, while STRK also grants investors the option to convert their holdings into Strategy common stocks.

Strive Expands Daily Dividend Product, Raises $630 Million in Financing

Strive, also a Bitcoin reserve company, introduced a daily cash dividend on its SATA preferred stocks in June, earlier than the adjustments planned by Strategy. Subsequently, the company launched a second preferred security, SATS, offering a fixed annual dividend yield of 15%; under the premise of announcing dividends, the daily payments are expected to begin on November 9th.

According to the data from BitcoinTreasuries.net, Strategy remains the listed company with the largest holding of Bitcoin, possessing 848,517 BTC; Strive ranks fourth with 43,000 BTC.

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