Exchanges· ★★★· neutral·

Strategy shareholders approve daily dividend amendment for four preferred stocks

  • —Preliminary count shows 99.3% of votes in favor of the amendment
  • —Dividends accrue per calendar day and are paid the next business day
  • —STRC: first record date Nov 1, payment Nov 2
  • —STRF, STRK and STRD: record date Jan 1, payment Jan 4
Why it matters: Daily dividend accrual makes Strategy's preferred shares more attractive to institutional holders of the bitcoin treasury model.
Source: PANews