Strategy will hold a special shareholders meeting on October 28 to vote on amending the terms of its four perpetual preferred stocks—STRC, STRF, STRK, and STRD—to implement daily dividend payments. The proposal requires majority support from all outstanding common shares, with abstentions and broker non-votes counted as votes against.
Michael Saylor controls 32.9% of the voting power, leaving him approximately 17 percentage points short of the threshold needed to pass the measure unilaterally. If approved, STRC will begin paying dividends daily in November at a 12% annualized rate, totaling $1 per share. If rejected, the originally scheduled November 15 dividend payment will proceed instead. Strategy holds 848,517 BTC and will release its third-quarter financial results on October 29.
Strategy Shareholders Vote Oct 28 on Daily Dividend Plan for Preferred Stocks; Saylor Holds 32.9% Voting Power
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