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via CoinDesk · By CoinDesk Staff

Strategy (MSTR) turns to daily dividends in push to restore STRC to $100

CS
CoinDesk Staff
(02:22 PM UTC)
1 min read
JM
Approved byJames Mitchell
STRC YTD (CoinDesk Data)

Summary

  • Strategy is asking shareholders to approve daily dividends for its four U.S.-listed preferred stocks, with a vote scheduled for Oct. 28.
  • The proposal would change payment timing without altering dividend rates or total regular payouts, aiming to help STRC trade closer to its $100 stated value.
  • Strategy has spent about $1 billion repurchasing preferred shares…

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Source

CoinDesk Staff · CoinDesk

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