Strategy Proposes Doubling STRC Dividend Frequency to Bi-Monthly

Huo Xing Cai Jing reports that on June 2, according to an official announcement, Strategy has proposed adjusting the dividend distribution frequency of its STRC preferred shares from monthly to twice monthly (biweekly). The company stated that if this proposal is approved and implemented, it will help reduce the waiting time for dividend reinvestment, enhance market liquidity and trading efficiency, and strengthen price stability. Strategy noted that shareholders may vote on the related amendment through their brokerage accounts. During the voting process, the proxy solicitation firm Alliance Advisors, an authorized partner of Strategy responsible for this shareholder vote, may contact shareholders to assist with the voting procedure. Additionally, Strategy reminds investors who hold both MSTR common shares and STRC preferred shares to vote in favor of the proposal for each class of shares separately. According to the company’s disclosure, the amendment will only take effect if approved by shareholders of both MSTR and STRC classes. Yesterday’s report revealed that Strategy disclosed the sale of 32 bitcoins last week, breaking the myth of “never selling bitcoin.”