Strategy seeks shareholder approval for daily dividends on STRC, STRF, STRK and STRD
Strategy wants shareholders to approve daily dividend record dates on its four preferred stocks, starting with STRC on Nov. 2, with rates unchanged.
Why it matters
Daily payments would put Strategy's preferred stock on the same model Strive used for its SATA series earlier in 2026, so two bitcoin treasury companies now compete on payment frequency for income investors. The change targets the gap between STRC's $100 stated value and its trading price rather than the payout, and preferred dividends still depend on Strategy's cash position, which Crypto News raised directly. No vote result or start date is in effect yet.
Where the sources disagree
STRC's current payment frequency
twice-monthly to daily (Bankless, Crypto News Flash)
Bankless, Crypto News Flash
monthly to semi-monthly to daily within seven months (Crypto News Flash)
Crypto News Flash
Bankless and Crypto News Flash both describe the move for STRC as coming from a semi-monthly or twice-monthly schedule, while Crypto News Flash separately says STRC could move from monthly to semi-monthly to daily within seven months.
Figures that do not reconcile
Found by comparing the numbers in the reports automatically. They are differences, not yet confirmed to be about the same thing.
reported value (strc)
$99
Bankless
$76
Cointelegraph
Bankless reports $99, Cointelegraph reports $76 (23% apart).
reported value (strc)
$100
Bankless
$174
Cointelegraph
Bankless reports $100, Cointelegraph reports $174 (43% apart).
reported value (strategy strc)
$100
CoinDesk
$174
Cointelegraph
CoinDesk reports $100, Cointelegraph reports $174 (43% apart).
reported value (strc)
$174
Cointelegraph
$100
Crypto News (CryptoNews.net)
Cointelegraph reports $174, Crypto News (CryptoNews.net) reports $100 (43% apart).
Key facts
Strategy is asking shareholders to approve daily dividend accruals on its four preferred stocks, STRC, STRF, STRK and STRD, with every calendar day including weekends and holidays as a record date and payment on the next business day.
Reported by Bankless
Shareholders vote on the proposal at a virtual special meeting on Oct. 28, starting at 10 a.m. Eastern Time.
Reported by Bankless
The amendments would not change applicable dividend rates or Strategy's aggregate regular dividend obligations.
Reported by Bankless
STRC's annual dividend rate is 12% on its $100 stated value, roughly $12 a year per share.
12 %Disputed figureReported by CoinDesk
STRC would move to daily payments first, on Nov. 2, with STRF, STRK and STRD following on Jan. 4, 2027.
Reported by Bankless
Strategy's board approved the proposal on Thursday, disclosed in a Friday SEC filing, and the amendments take effect once updated certificates are filed in Delaware.
Reported by Cointelegraph
Only common stockholders of record Sept. 25 can vote, and preferred holders do not vote through their STRC, STRF, STRK or STRD shares; Class A carries one vote and Class B 10.
Reported by Crypto.News
Strategy has spent about $1 billion repurchasing preferred shares, including $174 million of STRC in the week ended Sept. 20.
174,000,000 USDReported by CoinDesk
What happened
Strategy's board approved a proposal to amend the certificates of its four U.S.-listed preferred stocks — STRC, STRF, STRK and STRD — so that every calendar day, including weekends and holidays, becomes a dividend record date, with payment on the next business day, and shareholders will vote on the amendments at a virtual special meeting on Oct. 28. Cointelegraph reported the board approved the move on Thursday in a filing with the SEC, and Crypto.News reported that only common stockholders of record on Sept. 25 can vote; preferred holders cannot vote through their STRC, STRF, STRK or STRD shares, and Class A common carries one vote against Class B's 10. Dividend rates and aggregate dividend obligations do not change, so the same annual income is split into smaller payments: STRC would move from twice-monthly to daily and the other three series from quarterly to daily. Strategy said the change would reduce reinvestment lag, enhance liquidity and market efficiency, and increase price stability, supporting a trading price near $100, and added that it could also benefit common stockholders by expanding its preferred-equity capital toolkit. If approved, STRC starts Nov. 2, with STRF, STRK and STRD following Jan. 4, 2027, after Strategy files updated certificates in Delaware. Still open: nothing in the evidence gives a filing date for the amended certificates, and Crypto News flagged that STRC fell to $75 when bitcoin traded below $60,000 in June, which CoinDesk separately described as a low of $71 during the same June selloff — the two figures differ. CoinDesk also reported STRC has traded below $100 since May despite a 12% dividend rate and roughly $1 billion of preferred share buybacks, including $174 million of STRC in the week ended Sept. 20.
How the story developed
- First report
First report by Bankless
Strategy Proposes Daily Dividends for Preferred Stocks
- Update
Bankless reports the daily dividend proposal
First report in the set, describing daily record dates, unchanged economics and the phased start dates.
- Independent corroboration
Independently corroborated by CoinDesk
Strategy proposes daily dividends to bring STRC back toward $100
- Official statement
Strategy issues a statement saying the change would reduce reinvestment lag and increase price stability
Strategy said the enhancements could benefit common stockholders by expanding the capital markets toolkit it uses for its Bitcoin Treasury strategy.
- Official statement
Strategy's board approves daily dividend proposal and discloses it in an SEC filing
The board signed off on Thursday, with the change disclosed in a Friday filing.
- Update
Crypto News notes STRC is not insulated from bitcoin drawdowns
Reported STRC at $75 when bitcoin fell below $60,000 in June, and that the dividend depends on Strategy holding enough cash.
- Update
Cointelegraph and Crypto.News detail the vote mechanics and voting record date
Virtual special meeting at 10 a.m. Eastern on Oct. 28; only common stockholders of record Sept. 25 can vote.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 25 Sept 2026, 12:51 UTC: Bankless — 1 independent source, 1 reports
- 25 Sept 2026, 14:22 UTC: CoinDesk — 2 independent sources, 2 reports
- 25 Sept 2026, 15:30 UTC: Crypto News Flash — 3 independent sources, 3 reports
- 25 Sept 2026, 15:39 UTC: Bitcoin Magazine — 4 independent sources, 4 reports
- 25 Sept 2026, 16:34 UTC: Cointelegraph — 5 independent sources, 5 reports
- 25 Sept 2026, 16:54 UTC: Crypto News (CryptoNews.net) — 6 independent sources, 6 reports
- 28 Sept 2026, 08:40 UTC: Crypto.News — 7 independent sources, 8 reports
Affected entities
Also mentioned: Dai, Internal Revenue Service
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bankless Crypto media | Strategy Proposes Daily Dividends for Preferred Stocks | Original | |
| CoinDesk Crypto media | Strategy proposes daily dividends to bring STRC back toward $100 | Independent | |
| Cointelegraph Crypto media | Strategy seeks shareholder approval for daily preferred stock dividends | Independent | |
| Bitcoin Magazine Crypto media | Bitcoin Treasury Strategy Proposes Daily Dividends For Preferred Stocks | Independent | |
| Crypto.News Crypto media | Strategy sets Oct. 28 vote on daily dividends | Independent | |
| Crypto News Flash Crypto media | Strategy Is Engineering Daily Income Around Bitcoin | Independent | |
| Crypto News (CryptoNews.net) Aggregator | Strategy Proposes Daily Dividends Across Preferred Shares | Syndicated | |
| Bitcoin Insider Aggregator | Strategy Proposes Daily Dividends for Four Preferred Stocks | Syndicated |
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