Strategy proposes daily dividend accrual for preferred stocks

Strategy, the world's largest Bitcoin treasury company, has proposed a structural change to its preferred stock dividend schedule. The company is seeking shareholder approval to move four series of preferred stocks—STRF, STRC, STRK, and STRD—to a daily dividend accrual model.

Under the proposal, dividends would accrue every calendar day, including weekends and holidays, with payments issued on the following business day. The company emphasized that this change would not alter the existing dividend rates or the total annual amount paid to shareholders; it only modifies the frequency of distributions.

Executive Chairman Michael Saylor and CEO Phong Le stated that the move aims to enhance liquidity, reduce reinvestment lag, and increase price stability for the securities. STRC, which currently pays dividends twice a month, would be the first to transition, with the new schedule potentially beginning in November 2026. The other three series would follow in January 2027.

Shareholders are scheduled to vote on the proposal during a virtual special meeting on October 28, 2026.