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decided

Why Michael Saylor’s Strategy decided to make STRC’s dividend bi-monthly

Why Michael Saylor’s Strategy decided to make STRC’s dividend bi-monthly

2 months ago by Crypto InsightsCrypto

Leading bitcoin treasury company Strategy (MSTR) has proposed shifting the dividend payment schedule on its perpetual preferred equity, Stretch (STRC), from monthly to semi-monthly. The amendment, outlined in Strategy’s investor presentation, would keep the 11.5% annualized dividend rate and total annual obligations unchanged (currently $1.2… Read More

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