Strategy Wins Shareholder Approval for Daily Preferred-Stock Dividends
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Strategy shareholders approved changes allowing daily dividend accruals on four preferred stock offerings, advancing plans for a November rollout for STRC.
Shareholders of Strategy, the bitcoin treasury company associated with Michael Saylor, voted Wednesday to authorize daily dividend accruals across four preferred stock offerings, according to Bitcoin.com News.
The amendments received overwhelming support. They cover securities including STRC and STRF, giving the company approval to change how dividends accumulate on those offerings.
The vote clears a key step toward Strategy’s planned November launch of daily dividends for STRC. The approval enables the changes but does not mean the new arrangement has already taken effect.
Source: Bitcoin.com News
