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Strategy to start daily dividends on STRC preferred shares from Nov 2, pending shareholder vote.

Market News
16 Oct 2026
Bitcoin
View Source
Bullish
Strategy to start daily dividends on STRC preferred shares from Nov 2, pending shareholder vote.

Strategy Inc., led by Michael Saylor, plans to begin paying daily cash dividends on its STRC preferred shares starting November 2, subject to shareholder approval on October 28. The company aims to maintain a 12% annual dividend rate and keep STRC shares trading near $100. This move follows Strategy's recent shift from monthly to twice-monthly dividends and is part of a broader plan to offer daily dividends on multiple preferred stock offerings by early 2027. Strategy has also been actively repurchasing STRC shares to support the price, making the preferred stock more attractive to income-focused investors. The daily dividends, if approved, will be treated as nontaxable returns of capital for U.S. tax purposes.

Strategy Inc.'s plan to pay daily dividends on STRC preferred shares is notable. For readers following the cryptocurrency sector, here is Pluang's market snapshot as of Oct 16, 2026 23:21 WIB: out of 50 major cryptocurrencies, 25 rose and 24 fell today. Notable movers include CAKE (PancakeSwap) at Rp38.891 with a 1-day change of -2.71% and a Pluang order activity of 47% Sell / 53% Buy, ALGO (Algorand) at Rp2.105 with +2.63% and 32% Sell / 68% Buy, and XLM (Stellar) at Rp3.242 with -2.41% and 20% Sell / 80% Buy. Typical hold times on Pluang range from 75 to 130 days.

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