Strategy Inc, formerly MicroStrategy, announced on October 16, 2026 its conditional plan to pay daily cash dividends on its STRC preferred stock for a total of $1.00 per share in November, representing a 12% annualized rate. This change from the current semi-monthly payout schedule is subject to approval by common stockholders at a special meeting on October 28, 2026 and filing of the amended certificate by November 1. If both conditions are met, the first daily payment will occur on November 2, 2026. The stated goal of this transition is to stabilize STRC’s trading price around its $100 par value, as the shares have traded below that level since May 2026 and hit a low of $71 in June. Strategy, the world’s largest corporate Bitcoin holder, uses preferred instruments like STRC to finance Bitcoin purchases while limiting dilution of its common stock.
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