Strategy votes on daily STRC dividends Oct 28; Saylor holds 32.9% of voting power
- —Approval requires over 50% of all outstanding common shares; abstentions count as votes against
- —Saylor controls 32.9% of voting power, leaving roughly 17 percentage points to secure
- —If passed, STRC will pay 12% annualized daily, totaling $1 per share in November
- —Strategy holds 848,517 BTC and reports Q3 results on Oct 29
Why it matters: Approval would accelerate cash flow to preferred holders and reinforce Strategy's bitcoin-treasury model.
Source: PANews