$MSTR
INCREDIBLE NEWS just dropped from the Strategy camp this morning.
Daily dividends for
$STRC,
$STRK,
$STRF &
$STRD.
I’ve summarized the 5 major points you need to know.
Saylor is a massive proponent of technologies becoming smarter, stronger, harder, FASTER.
And Strategy is taking that approach precisely.
Just 109 days after getting approved to move
$STRC to semi-monthly, Strategy is now looking to take its preferred securities to daily dividends across the entire stack, following the path being explored by
@Strive.
Here’s the quick breakdown:
1.
$STRC goes daily.
If shareholders approve it,
$STRC would move to daily dividend accrual beginning November 1, with the first payment expected November 2.
The last semi-monthly record date would be October 15.
Shareholders vote on October 28.
2. The other preferreds follow.
$STRF,
$STRK and
$STRD would move to daily dividend accrual beginning January 1, 2027, with payments following on the next business day.
3. Strategy is still maintaining its position on the yield for now.
The annualized rates and total annual cash obligations stay the same.
The difference is simply breaking the payments into smaller daily amounts.
4. It’s all about the volatility.
More frequent payments should help reduce ex-dividend volatility, improve liquidity, and make the instruments more usable as cash-like products, collateral, and index products.
Stronger preferreds ultimately mean a stronger capital markets machine for
$MSTR.
5. Strategy wants to be the largest company by market cap.
They’ve once again exhibited that they’re not here to watch. They’re here to actively participate and adopt innovations, even when those innovations aren’t introduced by them.
They watched
@Strive for a few months, and despite only recently moving
$STRC to semi-monthly dividends,
@Strategy has shown that it’s willing to quickly adopt the best approaches available.
And the speed at which they continue to iterate is incredible.
This management team will not sit around and will not stop until that $300 trillion market is penetrated with all their force.
It’s an honor to be a shareholder of a company that moves this fast.
Mission: Strategy.
$BTC $MSTR $STRC