Strategy, a company that recently purchased $255 million in Bitcoin, has initiated a shareholder vote to change the dividend schedule for its STRC preferred stock. The proposal seeks to shift payments from monthly to semi-monthly starting as early as July 15, aiming to improve liquidity and shorten reinvestment lags. Shareholders of record from April 17 can vote through their brokers until the meeting concludes on June 8.
Strategy has launched a shareholder vote to change the STRC dividend payment frequency from monthly to semi-monthly. Voting began on May 11 and is scheduled to end at a meeting on June 8.
This follows the company’s recent purchase of $255 million worth of Bitcoin, part of a series of balance sheet moves. The firm is aligning its capital allocation with its long-term plan.
The proposed change only affects payment frequency, leaving the dividend yield and core terms unchanged. Strategy stated the shift could shorten reinvestment lags and help improve liquidity.
The new structure is designed to enhance pricing efficiency and provide a more regular cash flow cycle. If passed, the policy may start this quarter, with the first record date on June 30 and payments beginning July 15.
Shareholders can vote using control numbers from proxy materials via brokerage platforms. The company noted voting rules may differ for brokers, especially for non-U.S. investors.
The STRC structure was recently discussed by Michael Saylor at the Bitcoin 2026 conference. He characterized STRC as a variable rate perpetual preferred stock valued near $100 with an 11.5% annualized dividend.
Saylor described it as part of a digital credit model meant to provide consistent cash flow. He noted it seeks to decouple Bitcoin price movements from dividend payments.
