Bitcoin Titan Strategy Set to Pay Daily Dividends on STRC After Shareholder Vote

Michael Saylor’s bitcoin treasury giant Strategy has secured shareholder approval to implement daily dividends across four preferred stock offerings, clearing a major hurdle ahead of the planned November launch for STRC shares. Strategy (Nasdaq: MSTR) shareholders voted overwhelmingly Wednesday to approve amendments enabling daily dividend accruals for the company’s STRF, STRC, STRK, and STRD preferred shares, according to an Oct. 28 filing with the Securities and Exchange Commission (SEC). The vote took place during a special shareholder meeting, with Strategy Chairman Michael Saylor announcing the preliminary results on X. “MSTR shareholders have approved the daily dividends amendment. Preliminary results show 99.3% of votes cast were in favor,” Saylor wrote. “The amendment enables STRF, STRC, STRK, and STRD to accrue dividends every calendar day.

First reported by Bitcoin.com News. This page is a short excerpt; the full text is theirs.