Strategy (MSTR), the leading Bitcoin treasury company, has announced a proposal to change the dividend payment frequency on its perpetual preferred equity, STRC, from monthly to semi-monthly. The amendment, set for a shareholder vote on June 8, would maintain the existing 11.5% annualized dividend rate and keep total annual obligations at approximately $1.2 billion, with the first bi-monthly payout expected on July 15 if approved.
Source: Read the original article

