Strategy, the largest corporate holder of bitcoin, has proposed paying dividends daily on its four U.S.-listed preferred stocks, including its flagship STRC, as the bitcoin treasury company seeks to bring the share back toward its $100 stated value.

Preferred stocks pay fixed dividends against a stated value, which serves as the reference figure against which the market price is measured. Shareholders will vote on the proposal on October 28, 2026 — the key milestone determining whether the new schedule takes effect. If approved, dividends on STRC would accrue every calendar day, including weekends and holidays, and be paid on the next business day. The first daily dividend payment is expected on November 2, 2026.

The change would affect only the timing of payments, not their size. STRC's 12% annual dividend rate — equivalent to about $12 per share per year at the $100 stated value — and Strategy's total regular dividend obligations would remain unchanged. Under the new schedule, each day an investor holds the shares would count toward dividend accrual, rather than payments arriving only on fixed monthly or semi-monthly dates.

STRC has traded below its $100 stated value since May 2026 despite Strategy's efforts to support its price. The preferred stock fell as low as $71 during bitcoin's June 2026 sell-off and has since recovered to about $98.65, leaving a gap of roughly $1.35 to the level the company is targeting.

Alongside the payout overhaul, Strategy has been repurchasing its preferred shares, giving the company two parallel tools — payout frequency and buybacks — in its effort to support the share's price. The company has bought back about $1 billion of preferred stock in total, including $174 million of STRC in the week ended September 20, 2026, and has doubled the authorization for its STRC buyback program to $2 billion.

The company previously moved STRC from monthly to semi-monthly dividends in June 2026, saying at the time that more frequent payments could improve liquidity, reduce price volatility, and give investors faster opportunities to reinvest their income. The latest proposal extends that approach to daily payments, with Strategy saying the changes are intended to support price stability, liquidity, and demand for the preferred shares.

The proposal mirrors a structure already used by Strive, whose perpetual preferred stock, SATA, pays daily dividends at a 13% annual rate and has held near $100 — a live reference for the setup Strategy aims to replicate. The hope is that Strategy, which holds approximately 846,000 BTC at an average purchase price of about $75,400 as of this writing, will see STRC maintain similar stability around the $100 level.

Source: BitcoinKE