Strategy Proposes Daily Dividend Accrual for Preferred Stock

• Michael Saylor announces daily dividend accrual for STRF, STRC, STRK, and STRD shares.
• Strategy’s board approved the dividend changes, pending shareholder approval.
• The company is targeting a stable $100 price for STRC, though it’s not a legal guarantee.

Strategy is proposing another change to its preferred stock setup. Executive chairman and co-founder Michael Saylor announced that the company wants dividends on STRF, STRC, STRK, and STRD to build up every single calendar day (weekends and holidays included) and get paid out on the next business day.

Saylor announced the plan on September 25 with the goal of boosting price stability, liquidity, and investor interest, without changing the actual dividend economics.

Reports on the filing show that the company’s board gave the amendments the green light on September 24. However, shareholders still need to approv…

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