Strategy Will Pay Preferred Stock Holders Every Business Day Starting in November

Holders of Strategy’s STRC preferred shares will see cash dividends arrive daily from November 2. The other three preferred securities, STRF, STRK and STRD, switch over on January 4, 2027. Until now these shares paid out twice a month or once a quarter. The company says a shorter gap between earning and receiving income should help liquidity and keep the share prices steadier.

Shareholder Vote on Strategy Preferred Stock

The change passed with about 99.3% of votes cast in favor, based on preliminary tallies announced Wednesday. Dividends will build up every calendar day, weekends and holidays included, and the yearly percentage rates stay exactly where they were.

Rates and Features of the Four Securities

Yearly payouts run between 8% and 12%. STRC has a variable rate, now at 12%, and the rest are fixed. STRK holders can also exchange their shares for Strategy common stock. The company owns 848,517 BTC, the biggest corporate stash.

Strive SATA and SATS Daily Payouts

Competitor Strive started daily payments on its SATA preferred shares in June. Its newer SATS shares carry a fixed 15% rate, with daily payments planned from November 9, pending declaration. On October 20 Strive finished selling 7 million SATS shares at $90 each, raising $630 million.