Strategy Proposes Daily Dividend Payments for Preferred Stocks

Strategy is seeking shareholder approval to transition its four U.S.-listed preferred stocks—STRF, STRC, STRK, and STRD—to a daily dividend payment schedule. The company filed a preliminary proxy statement for a special meeting on October 28. Under the proposal, every calendar day would serve as a record date, with payments made on the following business day. Executive Chairman Michael Saylor stated the change aims to support price stability and liquidity. Voting is open to common stockholders as of September 25.