Strategy Shareholders Approve Daily Dividends on STRC and Three Other Preferred Stocks

CoinTelegraph · 2026-10-28
Strategy Shareholders Approve Daily Dividends on STRC and Three Other Preferred Stocks

Shareholders of Strategy, the largest corporate holder of Bitcoin, have approved a plan to pay daily dividends on its STRC preferred stock starting in November, with three additional preferred securities set to follow in January 2027. The move marks a shift toward more frequent shareholder distributions, a rare practice among publicly traded companies. The affected securities include STRC, along with three other series of perpetual preferred stock, though their tickers were not specified in the announcement. Strategy, formerly known as MicroStrategy, has gained prominence for its aggressive Bitcoin acquisition strategy, making its preferred shares a unique hybrid of crypto exposure and fixed-income-like payments. By paying dividends daily, the company aims to attract income-focused investors and enhance the appeal of its preferred stock, which already offers cumulative dividends. The decision comes amid growing institutional interest in digital asset-related securities. Investors will begin receiving daily payments on STRC in November, while the other three preferred stocks will start distributing daily dividends in early 2027. This staggered rollout suggests a phased implementation to manage administrative and liquidity considerations. The approval reflects shareholder confidence in Strategy's ability to sustain regular payouts despite the volatility of its underlying Bitcoin holdings. For income investors, the daily dividend structure could provide more granular cash flow and potentially reduce reinvestment risk. The move may set a precedent for other crypto-adjacent companies exploring innovative capital return strategies. As the first major Bitcoin treasury company to adopt daily dividends, Strategy continues to blend traditional finance mechanisms with digital asset exposure, likely drawing further attention from both retail and institutional investors.