Bitcoin News
By Sydney TheCMO
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Why the Company Wants This Change. STRC trades near its $100 par value—it's at $99.21 right now—and the yield sits around 11.59%.
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Timeline and Mechanics. If shareholders green-light the plan, June 30 becomes the first semi-monthly record date.
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What Happens Next. The annual meeting's set for June 8. That's when shareholders decide.
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Strategy—the company formerly called MicroStrategy—filed paperwork Thursday to switch its preferred stock dividend schedule from monthly to twice monthly.
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The preliminary proxy hit the SEC on April 17. Shareholders vote June 8 at the annual meeting. If it passes, the annualized rate stays at 11.
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STRC trades near its $100 par value—it's at $99.21 right now—and the yield sits around 11.59%. But there's a problem. Every time a monthly dividend hits, the stock dips.
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By splitting each monthly payment into two smaller ones, the company hopes to keep the price steadier. Less volatility means better liquidity, or at least that's the pitch.
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The stock's already calmed down some. When STRC launched back in July 2025, 30-day volatility ran about 13%. Now it's closer to 2.1%. Strategy wants to push that even lower.
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If shareholders green-light the plan, June 30 becomes the first semi-monthly record date. The initial payment under the new schedule would land July 15.
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Shareholders on record as of April 17 can start voting around April 28. Definitive proxy materials should be up on the company's website by then.
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The company's been pretty clear that this isn't about paying out more money. It's about timing.
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Right now, STRC holders get one check a month. Under the new plan, they'd get two smaller ones. Same total, different cadence.
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See also: Bitcoin Tests $74.7K Breakout Zone as Exchange Reserves Hit Multi-Year Low
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The proposal comes as Strategy continues positioning itself as a major Bitcoin holder. The company's been using STRC proceeds to stack coins, and with over 762,000 BTC in…
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Shareholders can access the proxy materials online once they're finalized. The vote on June 8 will decide whether this change happens.
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