Strategy Tries to Align Preferred Stock Dividends with Crypto's 24/7 Cycle
Strategy, an investment firm, has proposed a plan to make its preferred stock dividends accrue on every day of the year. This change would allow investors to earn returns for 365 days instead of the standard 240 trading days per year.
The proposal aims to increase investor yields and align with the cryptocurrency industry's 24/7 market cycle. Strategy believes this move will make its preferred stock more attractive to investors seeking higher returns.
While the plan has not yet been implemented, it highlights the growing trend of traditional finance adapting to crypto principles.