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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
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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