According to a conditional disclosure filed on October 16, 2026, Strategy’s STRC dividends may earliest be switched to daily payments in November, provided these preferred shares remain below $100. Cointelegraph and CryptoBriefing refer to $100 as the par value; however, the Form 8-K filing lists the par value at $0.001 per share.
This change will adjust the payment frequency without altering the total dividend for the month: still $1.00 per share, annualized at 12%.
The plan requires approval by common shareholders at a special meeting on October 28, 2026, at 10:00 AM. Following this, the amended certificate must be filed by November 1 for the daily payment arrangement to take effect.
The STRC dividend will remain at an annualized rate of 12%.
According to Strategy’s Form 8-K filed with the U.S. Securities and Exchange Commission, the board’s declaration covers each calendar day from November 1, 2026, to November 30, 2026. Each dividend will be paid on the next business day following its record date, with the first payment expected on November 2, 2026.
If approved, the daily distribution will replace the current bi-monthly payment schedule of $0.50 per share. If not approved, the current arrangement will continue. Regardless of the outcome, the total dividend payment for November will remain the same.
The strategy indicates that management will continue to recommend maintaining a 12% interest rate until STRC achieves "sustained, healthy trading near $100 per share." As of October 16 at 13:36 UTC, the stock was trading at $99.32, down 0.2%.
In addition to the STRC dividend arrangement, these preferred shares are also an important financing tool for Strategy to purchase Bitcoin. Last week, the company bought 250 Bitcoin for $21.5 million, increasing its holdings to 848,250 BTC.
However, during an earlier period, repurchase spending was significantly higher. For the week ending October 4, Strategy repurchased $176 million worth of STRC, compared to $28 million spent on purchasing Bitcoin—more than six times as much.
On June 29, 2026, Strategy introduced a capital framework allowing the sale of Bitcoin to fund dividends and increased the annualized dividend yield of STRC to 12%.
This article was completed with the assistance of artificial intelligence and reviewed by the editorial team.