Catenaa, Monday, April 20, 2026- Strategy is seeking shareholder approval to change the dividend schedule for its STRC preferred stock from monthly payments to twice-monthly payments, in a move aimed at making the security more attractive to income-focused investors.
The proposal affects STRC, formally known as Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock. If approved, shareholders would receive dividend payments every two weeks rather than once a month. The company said the change could improve liquidity, reduce reinvestment lag and support more stable trading around the stock’s $100 par value.
STRC Now Central to Bitcoin Funding
The change comes as STRC has become one of the main financing tools behind Strategy’s aggressive bitcoin-buying strategy. Unlike the company’s common stock, STRC is designed to appeal to investors seeking regular cash income while still offering indirect exposure to the company’s bitcoin treasury model.
Strategy currently pays an annualized dividend rate of 11.5% on STRC. The rate adjusts monthly to help keep the preferred stock trading close to its intended $100 value and to limit sharp price swings.
The company said more frequent dividend payments could make STRC easier to own for investors who rely on regular income. It could also make the stock more attractive in a market where investors increasingly want yield-generating products tied to digital assets.
STRC has quickly emerged as one of the most heavily traded securities in Strategy’s capital structure. Earlier this month, the preferred stock recorded roughly $1.1 billion in trading volume in a single day, nearly 50% above its previous record.
That spike highlighted growing investor demand for the product and reinforced its importance as a funding source for Strategy’s bitcoin purchases. The company recently used proceeds from preferred stock sales to help finance another major bitcoin acquisition.
Strategy now holds 780,897 bitcoin, making it the largest corporate holder of the digital asset. The company has built much of its recent financing strategy around preferred stocks and share offerings designed to channel investor capital into bitcoin accumulation.
Strategy has issued several preferred securities in recent years, including STRF, STRE, STRK and STRD. Those products all carry fixed dividend rates.
STRC stands apart because it uses a variable-rate structure tied to maintaining price stability. That makes it more flexible than the company’s other preferred shares and gives management another way to adjust the product as market conditions change.
The proposed move to semi-monthly payments appears designed to strengthen that flexibility further. More frequent payouts could help investors reinvest faster and may encourage steadier demand for the stock.
Vote Set for June
Strategy said shareholders will vote on the proposal at the company’s annual meeting on June 8. If approved, the first record date under the new system would be June 30, with the first twice-monthly payment expected on July 15.
The company is not changing the dividend rate itself. Instead, it is only adjusting how often investors receive the payments.
That means the proposal is more about improving the user experience for investors than increasing total returns. Still, the timing is notable because it comes as STRC is already seeing strong demand and growing trading activity.
The proposal also reflects how Strategy continues refining the financial products that support its bitcoin treasury strategy. Rather than relying only on common stock sales or debt, the company has increasingly turned to preferred shares that appeal to different groups of investors.
That approach has helped Strategy raise billions of dollars while keeping investor interest high across several types of securities. STRC, in particular, has become an important bridge between traditional income investing and exposure to bitcoin-related growth.
If shareholders approve the change, STRC could become even more attractive to investors seeking regular cash flow without the volatility usually associated with direct crypto investments.
