Strategy Proposes Daily Dividends on STRF, STRC, STRK and STRD Preferred Stocks
Key Takeaways
- •Strategy is asking shareholders to approve daily dividend accrual on its STRF, STRC, STRK, and STRD preferred stocks, with payments issued on the next business day and the underlying economics unchanged.
- •The company argues that accruing dividends every calendar day, including weekends and holidays, would reduce reinvestment lag, enhance liquidity and market efficiency, and increase price stability.
- •Stockholders will vote on the proposal at a meeting on October 28, which determines whether the daily payout structure takes effect.
- •The proposal comes as Strategy has slowed its bitcoin purchases during the bear market and may sell BTC to generate up to $1.25 billion in proceeds that can fund dividends, interest expenses, its USD reserve, or repurchases.
- •Strategy disclosed in a Monday filing that it bought 950 bitcoins for $75.7 million last week, its first purchase since August.

Bitcoin treasury company Strategy wants to pay investors dividends every calendar day on four of its preferred stocks, a change the firm says would reduce reinvestment lag and support price stability.
The largest corporate holder of bitcoin said on Friday that it is asking shareholders to approve the move, which would cover STRF, STRC, STRK, and STRD. Under the proposal, dividends would accrue every calendar day — including weekends and holidays — and be paid on the next business day, with the economics unchanged. In practice, that means value builds every calendar day and holders receive cash more often than under schedules with longer gaps between payouts, shortening the wait to redeploy funds.
“If approved and adopted, we believe this would reduce reinvestment lag, enhance liquidity and market efficiency, and increase price stability,” Strategy said in a statement.
Stockholders will vote on the proposal at a meeting on October 28 — the step that determines whether the daily payout structure takes effect.
Strategy is proposing daily dividends on $STRF, $STRC, $STRK, and $STRD, accruing every calendar day, including weekends and holidays, and paid the next business day, with economics unchanged. The proposed changes aim to support price stability, liquidity, and demand. pic.twitter.com/N0wkXzi1gl
— Michael Saylor (@saylor) September 25, 2026
The announcement comes as Strategy has slowed its aggressive bitcoin purchases this year after the largest cryptocurrency fell into a bear market. The company historically bought bitcoin every Monday, but it shifted its focus to protecting its balance sheet and sold chunks of its holdings. Under a previously announced program, it may sell BTC from time to time to generate up to $1.25 billion in proceeds, which can be used for its USD reserve, to additionally fund preferred stock dividends and interest expenses, or to fund repurchases — meaning proceeds from selling bitcoin can, under the program’s terms, help cover the very payouts Friday’s proposal aims to rework.
Strategy said in a filing on Monday that it bought 950 bitcoins for $75.7 million last week — its first purchase since August.
Friday’s announcement claimed the dividend change would benefit both preferred investors and common stockholders.
“We believe these enhancements can also benefit our common stockholders by increasing the attractiveness and utility of our Digital Credit instruments, supporting our ability to access preferred equity capital efficiently and expanding the capital markets toolkit we use to execute our Bitcoin Treasury strategy,” Strategy added in a statement.
Strategy — formerly MicroStrategy — is an enterprise software company that pivoted to buying and holding bitcoin in 2020, when it first purchased the cryptocurrency to protect its shareholders from inflation. It has since aggressively accumulated the asset and transformed into a bitcoin treasury company. Investors can buy its shares for heightened exposure to bitcoin or earn a yield through its digital credit products, the preferred shares at the center of Friday’s dividend proposal.
Its Nasdaq-listed stock (MSTR) is down nearly 50% over the past year after the price of bitcoin took a hit. But since the company began buying bitcoin in 2020, MSTR has appreciated by nearly 1,000%.
This article first appeared on Bitcoin Magazine and was written by Mathew Di Salvo.