Strategy Seeks Daily Dividend Payments Around Bitcoin
Strategy is experimenting with daily dividend payments for its preferred shares, aiming to create a more frequent income stream around Bitcoin. The proposal would make every calendar day a record date for STRF, STRC, STRK, and STRD, with payments following on the next business day.
The company's balance sheet reveals that it holds 846,000 BTC acquired for $63.8 billion, but generates no native cash flow from holding Bitcoin alone. Strategy has built a separate income-producing side to its capital structure using a $5.04 billion USD Reserve and $1.05 billion in USD Cash.
STRC has already undergone changes from monthly to semi-monthly payments in June, and now the company is proposing to move to daily record dates by November 2. STRF, STRK, and STRD would follow with daily record dates on January 4, 2027, if the amendments are approved.
The proposal does not change the applicable dividend rates or Strategy's aggregate regular dividend obligations but rather compresses quarterly or semi-monthly distributions into smaller, more frequent payments. Shareholders will vote on October 28 to approve the changes.