Exchanges· ★★★· neutral·

Strategy keeps 12% STRC dividend and moves to daily payouts from Nov. 1

  • —Annual STRC dividend rate held at 12%, November payout set at $1 per share
  • —Special shareholder meeting on Oct. 28 will vote on the daily payout schedule
  • —Daily dividends would begin Nov. 1 if the measure passes
  • —Board advised to keep the 12% rate until STRC trades steadily near $100
Why it matters: Strategy is the largest public holder of BTC; daily STRC dividends ease cash-flow pressure and could make the instrument more attractive for funding further bitcoin purchases.
#BTC
Source: Bloomingbit
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