Strategy Plans Daily STRC Dividends Ahead of October 28 Vote
Bitcoin treasury company Strategy, led by Michael Saylor, has announced plans to distribute daily STRC dividends in November, pending shareholder approval of a proposal to change the preferred stock's dividend payment schedule. According to an October 16 filing with the U.S. Securities and Exchange Commission (SEC), Strategy intends to pay dividends daily from November 2 through December 1, totaling $1 per share, provided certain conditions are satisfied.
The proposed payment structure requires shareholders to approve the dividend frequency amendment during a special meeting scheduled for…
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