Strategy Declares Daily STRC Dividends As Saylor Targets $100 Share Price

TL;DR: Strategy has conditionally declared daily STRC preferred-stock dividends for November 2026. The new cadence remains subject to shareholder approval and is intended to make the security more attractive to investors. Strategy is proposing another adjustment to the financing instruments supporting its Bitcoin treasury business, this time seeking approval to pay dividends on its STRC preferred stock every day. In an October 16 filing, the company outlined conditional daily dividend record dates for November. The announced rate was equivalent to approximately 12% annually, or $1 per preferred share for the month. The plan depends on amendments that shareholders are due to consider at an October 28 meeting. A Different Way To Attract Capital STRC, also known as Stretch, is a variable-rate preferred security developed as part of Strategy’s effort to finance Bitcoin purchases. Its appeal to investors is linked to recurring income and the company’s attempts to keep the share price close to its $100 reference level. More frequent distributions could reduce the time between earning and receiving a dividend. That does not automatically increase the total amount paid or guarantee daily c...