Strategy has conditionally declared daily STRC preferred-stock dividends for November 2026. The announced rate is approximately 12% annually, or $1 per preferred share for the month. This change is subject to shareholder approval at a meeting scheduled for October 28. STRC (Stretch) is a variable-rate preferred security developed to finance the company’s Bitcoin purchases. If approved, the new dividend schedule is expected to begin in November. This initiative is part of Strategy’s broader strategy to adapt its capital structure to the growth of its Bitcoin treasury.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
