Strategy proposes semi-monthly dividends on its popular STRC preferred stock
CoinDesk·2h ago·Neutral
What Happened
Strategy (MSTR), a leading bitcoin treasury company, filed a proxy proposal for semi-monthly dividends on its STRC preferred stock. The move maintains the annual 11.5% dividend rate while aiming to stabilize prices, reduce volatility, and increase liquidity. Outstanding notional value reached $6.4 billion with recent volatility dropping to 2.1%. Voting closes June 8, with July 15 as the expected first payment date.
Key Entities
Strategy (MSTR)STRC preferred stockMichael Saylor11.5% dividend rate$6.4 billionJune 8 voting deadlineJuly 15 payment date