Strategy Daily Dividends Approved With 99.3% of Votes Cast

Strategy daily dividends cleared a key hurdle on Wednesday, October 28, 2026, when shareholders of the largest Bitcoin treasury company approved letting its four preferred stocks accrue dividends every calendar day. Preliminary results show 99.3% of votes cast were in favor, Executive Chairman Michael Saylor said after a special stockholder meeting.

The change covers STRF, STRC, STRK and STRD. Every calendar day becomes a record date, with payment on the next business day. STRC moves first, in early November, and the other three switch on January 1, 2027. Strategy says scheduled dividend rates and total dividend obligations stay the same.

Timeline of the Strategy daily dividends plan

1. July 2025: STRC goes public and pays monthly dividends.
2. June 2026: Shareholders approve semi-monthly STRC payments on the 15th and the last day of each month.
3. September 25, 2026: Strategy proposes daily dividends and calls a special meeting.
4. Week before the vote: Strategy pauses Bitcoin buying and spends $204.9 million repurchasing STRC.
5. October 28, 2026: Amendment approved with 99.3% of votes cast, per preliminary results.
6. November 1-2, 2026: First daily STRC record date and payment.
7. November 11, 2026: MSCI publishes the companies affected by its new single-asset rule.
8. January 1-4, 2027: STRF, STRK and STRD switch to the daily schedule.

Background: why Strategy daily dividends matter for STRC

For STRC, the switch means going from 24 record dates a year to 365, Decrypt reported. Strategy says the change should help dampen volatility in its preferred shares. STRC targets a stable $100 price and changed hands at $99.86 on Wednesday, according to Yahoo Finance data cited by Decrypt. Its 30-day average daily trading volume was about $150 million as of October 8, per an SEC filing.

Because U.S. markets close on weekends, the Depository Trust Company will treat a weekend or holiday record date as the previous business day, and Nasdaq will use that day as the ex-dividend date.

In Strategy’s example, record dates of Friday, November 6 through Sunday, November 8 get paid together on Monday, November 9. Since trades settle the next business day, a buyer on that Friday receives none of the three payments, while a seller that day still receives all three. The company said treatment could differ for shares traded outside Nasdaq or held through some brokers.

The fixed rates for STRF, STRK and STRD come from the company’s definitive proxy statement filed with the SEC, which lists STRC as a variable-rate stock. According to an 8-K, the board has already declared daily STRC dividends for November at 12.00%, or $1.00 per share for the month (roughly $0.03 to $0.04 a day). STRC’s rate was 11.50% for the month ended June 30, 2026, according to Strategy’s quarterly report.

Reactions from Strategy and the market

Saylor announced the result on X: “$MSTR shareholders have approved the Daily Dividends amendment. Preliminary results show 99.3% of votes cast were in favor.” When it first floated the plan, Strategy said the change “would reduce reinvestment lag, enhance liquidity and market efficiency, and increase price stability,” as Bitcoin Magazine noted.

The publication called STRC a potential “global dollar-cost-averaging machine” for Bitcoin, since it’s designed to raise capital for ongoing purchases. Yet Strategy paused its Bitcoin buying last week.

Cointelegraph pointed out that the company is following a model already adopted by rival treasury firm Strive. According to Bitcoin Magazine, Strive has paid cash dividends on its SATA preferred stock every business day since June 16, after moving away from monthly payments.

Bitcoin traded at $80,887 as of 01:19 UTC on October 29, up 0.37% over 24 hours but down 3.62% over seven days and 28.21% over a year, per CoinGecko. The Crypto Fear & Greed Index read 51 (Neutral) on the same date. MSTR common stock is down near 50% over the past year, Bitcoin Magazine reported. For wider context, see our latest crypto market update.

Outlook: what to watch next

The vote isn’t the final step. Strategy confirmed the outcome in an 8-K, but the change still depends on amended certificates of designations being filed and taking effect, bitcointreasuries.net reported. Final vote certification will come in a company filing.

Funding is the other open question. In its latest update, Strategy said it holds 848,517 BTC acquired for $64.02 billion, an average of $75,446 per coin, plus a $4.83 billion cash reserve. Bitcoin Magazine reported that the company has sold some Bitcoin this year to fund preferred dividends, interest payments and repurchases.

With Bitcoin about 7% above that average cost, a further decline toward that level could put more attention on how Strategy covers its dividend obligations. That’s a possibility, not a forecast.

Strategy also faces possible removal from MSCI’s widely tracked equity indexes. The index provider finalized a rule this month treating companies whose balance sheets are dominated by a single asset as ineligible, and it will publish the affected list on November 11. For holders, preferred dividends depend on board declarations and STRC’s rate can change. Bitcoin price swings can also weigh on the shares, and investors can lose money.

FAQ

When do Strategy daily dividends start?

STRC’s first daily record date is November 1, 2026, with payment on November 2. STRF, STRK and STRD follow with a January 1 record date and a January 4, 2027 payment, subject to filings and operational readiness.

Do daily dividends change the dividend rate?

No. Strategy says scheduled rates and total dividend obligations stay unchanged. Only the timing of accrual and payment shifts, though the company can still adjust STRC’s variable rate.

How are weekend dividends paid?

Weekend and holiday record dates are treated as the prior business day and paid together on the next business day. Tax treatment of such payments differs by country, so check with a qualified professional.

Sources

• Strategy shareholders approve daily dividends for four preferred stocks (Cointelegraph)
• Strategy Shareholders Approve Daily Dividends on Preferred Stock, With 99.3% in Favor (Decrypt)
• Strategy (MSTR) Shareholders Approve Daily Dividends on Four Preferred Stocks (Bitcoin Magazine)
• Strategy Shareholders Approve Daily STRC Dividends With 99.3% Support (bitcointreasuries.net)
• Bitcoin Titan Strategy Set to Pay Daily Dividends on STRC After Shareholder Vote (news.bitcoin.com)
• Strategy Shareholders Approve Daily Preferred Dividends with 99.3% Support (www.kucoin.com)
• Strategy Shareholders Approve Daily Dividends for Four Preferred Stocks (www.kucoin.com)
• Strategy Inc – Form DEF 14A – FY2026 (www.sec.gov)
• Strategy Inc – Form DEFA14A – FY2026 (www.sec.gov)
• Strategy Shifts STRC, STRF, STRK and STRD to Daily Payouts (cointelegraph.com)

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrencies are highly volatile; always do your own research before investing.