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Strategy proposes daily dividends on four preferred shares in Bitcoin financing
The four series would accrue every calendar day and pay the next business day, with cumulative dividends on STRF, STRC, and STRK.
Strategy said Friday that it wants to pay dividends daily on four preferred shares used in its Bitcoin financing strategy, aiming to put cash in holders' hands sooner without changing the securities' economics at their current rates, according to CryptoSlate.
The proposal would make dividends accrue every calendar day, including weekends and holidays, and pay on the next business day. CryptoSlate noted the post did not specify daily record dates, an effective date, or whether series-by-series approvals are still required.
Trading data at Thursday's close showed STRF above $100, STRC near that level, and STRK and STRD in the low $70s, which the outlet said is a trading baseline rather than proof that more frequent payments would boost demand.
Separately, CryptoSlate said Strategy's August 31 dividend declaration still sets quarterly payments for STRF, STRK and STRD, and twice-monthly payments for STRC, while distinguishing that dividends on STRF, STRC and STRK are cumulative.
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