Overview
- Shareholders voted overwhelmingly on October 28 to let STRC, STRF, STRK and STRD accrue dividends every calendar day, with preliminary results showing 99.3% support.
- If the board files amended certificates and completes final steps, STRC is set to begin daily record dates on November 1 with the first payment on November 2 while STRF, STRK and STRD target January 1 with payments on January 4, 2027.
- Because U.S. trades settle on T+1 and the DTC treats weekend record dates as the preceding business day, weekend and holiday payouts will be bundled onto the prior business-day schedule, creating an effective Thursday buy cutoff for weekend entitlements.
- In the week ended October 25 Strategy paused spot Bitcoin purchases and used about $204.9 million of available cash to repurchase roughly 2.07 million STRC shares while holding 848,517 BTC and keeping a $4.83 billion reserve for dividends and interest.
- Management links resuming large outside-funded Bitcoin buys to STRC trading at or above its $100 stated value so the daily plan is both an operational test and a step toward restoring preferred issuance as a capital tool with MSCI index actions on November 11 and November operational processing noted as next material events.