Strategy Proposes 12% Daily STRC Dividends Pending Vote
Strategy proposes paying daily cash dividends on its STRC preferred stock from 1–30 November while maintaining a 12% annualised rate. The payments would total $1 per share for the month, in daily amounts of $0.03 or $0.04. Each calendar day would be a record date, with payment on the next business day.
The STRC daily-dividend plan requires approval at a special shareholder meeting on 28 October, and the amended certificate must take effect before 1 November. If approved, the existing 15 November payment would be cancelled; otherwise, the current twice-monthly schedule would remain. Strategy expects the November payments to be treated as a return of capital for US federal tax purposes, up to a holder’s cost basis.
The proposal is intended to help STRC trade near its $100 face value. STRC closed at $99.53 on 16 October. Strategy has said it expects to keep the STRC rate at 12% until the share price remains stable near $100. The vote and filing deadline are near-term catalysts for STRC holders; the proposal does not by itself indicate a direct change in Bitcoin’s price outlook.
Neutral
The development primarily concerns STRC, Strategy’s preferred stock, rather than Bitcoin’s supply, demand or network fundamentals. A 12% annualised rate and daily payments could make STRC’s cash flow more predictable and may support trading near its $100 face value. The reported $99.53 close shows it was slightly below that level, so traders may watch the vote and the price response closely.
In the short term, shareholder approval, the effective date and the payment schedule could drive volatility in STRC. If approved, more frequent payments may appeal to income-focused investors, while the cancellation of the scheduled 15 November payment is a detail investors will need to assess alongside the revised schedule. If rejected, the existing twice-monthly arrangement remains. Over the longer term, the policy could support STRC’s price stability if the dividend and demand are sustained, but it does not establish a direct bullish or bearish signal for BTC. The expected impact on Bitcoin is therefore neutral.