Strategy Passes Daily Dividends: Why Fridays Matter Now
Photo: Coindoo
Key Takeaways 99.3% approval: Shareholders cleared daily dividends for four preferred stocks. Two-phase rollout: STRC starts November 1; three others follow in January. Thursday cutoff: Investors must buy by Thursday for weekend payouts. Price stability: Daily payouts aim to keep STRC near $100. Executive Chairman Michael Saylor said preliminary results showed 99.3% of votes cast in favor following Wednesday’s meeting. Strategy’s subsequent Form 8-K filing confirmed that the amendments passed, advancing September’s proposal pending routine certificate of designations filings. $MSTR shareholders have approved the Daily Dividends amendment. Preliminary results show 99.3% of votes cast were in favor.
Source: Coindoo
