Why Michael Saylor's Strategy decided to make STRC's dividend bi-monthly

What Happened

Bitcoin treasury company Strategy (MSTR) proposes shifting dividend payments on its Stretch preferred equity from monthly to bi-monthly schedule. The change maintains the 11.5% annualized dividend rate and $1.2 billion annual obligations. The shift aims to reduce stock price volatility around ex-dividend dates, enabling more consistent capital raising for bitcoin purchases through its ATM program.

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