Bitcoin Giant Strategy Plans STRC Daily Dividends Starting in November

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Michael Saylor’s bitcoin treasury company Strategy has announced plans to begin paying daily cash dividends on…

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its STRC preferred shares starting Nov. 2, pending shareholder approval of changes to its dividend structure.

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The company also intends to maintain STRC’s 12% annual dividend rate as it seeks to keep the stock trading near $100 per share. Strategy Inc.

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(Nasdaq: MSTR) disclosed the plans in an Oct. 16 filing with the Securities and Exchange Commission (SEC), detailing a proposed…

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payment schedule that would distribute $1 per STRC share during November through dividends associated with each calendar day.

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