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Strategy Moves STRC to Daily Dividends to Reduce Preferred Share Volatility

Strategy Moves STRC to Daily Dividends to Reduce Preferred Share Volatility

Photo: Crypto Economy

TL;DR Strategy will move STRC to daily dividends from November 1 after shareholders approved the amendment with 99.3% of votes cast, aiming to reduce ex-dividend price volatility. The schedule changes payment timing rather than dividend economics. STRF, STRK and STRD are scheduled to follow on January 1. Bitfinex highlights a broader competition with Strive, whose ... Read more

Source: Crypto Economy

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