Strategy Plans Daily STRC Dividends, Pending Shareholder Approval

Strategy is seeking shareholder approval to move STRC preferred-stock dividends to daily payments, arguing that more frequent distributions could reduce the price drop that can follow quarterly payouts and better suit continuous digital markets. Its board has declared daily cash dividends for November, totaling $1 per share for the month, but the change is contingent on stockholder approval. A separate report says Strategy announced a $0.04-per-share dividend payable December 1, up from the previously stated $0.03, reflecting the variable nature of STRC’s payouts.