Strategy proposed moving four of its digital credit securities (STRC, STRF, STRK and STRD) to daily dividends, subject to shareholder approval on October 28. This follows the successful launch of SATA daily dividends on June 16. Strategy spent over one billion dollars buying back STRC and raised its dividend rate to 12 percent to maintain the security near its $100 par value. Over $440 million in STRC exposure has already been integrated into DeFi products through stablecoins and tokenized securities. The goal is to reduce the cost of capital over time by gradually lowering the dividend rate while maintaining price stability.
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