Strategy shareholders have approved a change that will allow the company’s four preferred stocks to accrue dividends on every calendar day, including weekends and holidays. Preliminary results showed 99.3% of votes cast supported the amendment, according to Michael Saylor, the company’s chairman, and reporting by Decrypt.
The decision covers STRF, STRC, STRK and STRD. The change is intended to replace the current schedule of periodic dividend record dates with a daily accrual system. It still requires Strategy to file amended terms for each preferred stock before the new arrangements take effect.
New timetable for the preferred stocks
Under the approved framework, each calendar day will serve as a dividend record date, with payment scheduled for the next business day. The implementation will not happen for all four securities at once.
STRC will be the first to move to the new system. Its first daily record date is set for November 1, with payment due on November 2. STRF, STRK and STRD are scheduled to begin under the new arrangement on January 1, with payment on January 4.
The practical treatment of weekends and holidays will be shaped by U.S. market and settlement conventions. Dividends associated with record dates that fall on non-business days will be combined and paid on the next business day, according to a Strategy filing with the U.S. Securities and Exchange Commission.
For example, dividends linked to Friday, November 6, Saturday, November 7 and Sunday, November 8 would be handled as a single group with a Friday record date and paid on Monday, November 9. Strategy said an investor buying STRC on that Friday would not receive those three dividends, while an investor selling that day would still receive them.
The company cautioned that treatment may differ for shares traded away from Nasdaq or held through certain brokerage firms. The Depository Trust Company will treat a weekend or holiday record date as occurring on the previous business day, while Nasdaq will also use that day as the ex-dividend date.
Why Strategy is making the change
Strategy proposed the amendment last month as it sought to reduce volatility in its preferred shares. For STRC, the move would increase the number of dividend record dates from 24 annually to 365.
Preferred stock generally combines features of common stock and bonds. It can provide scheduled dividend payments, while its market price may still move as investors reassess the issuer’s financial position, demand for the security and the terms of the issue. A daily accrual schedule changes how dividend entitlement is recorded, but it does not remove the need to follow the applicable trading, settlement and record-date rules.
STRC traded at $99.86 on Wednesday, just below its $100 par value, according to Yahoo Finance. Strategy has also taken steps to support the security. Last week, the company paused its Bitcoin purchases for the first time since mid-September and instead spent $204.9 million buying back STRC.
The shareholder vote took place at a special meeting on Wednesday. The preliminary result means that 99.3% of votes cast backed the amendment, although the amended terms for each security remain a required next step.
Broader pressure on Strategy
The preferred-stock decision comes as Strategy faces a separate potential change involving major equity indexes. MSCI, an index provider, finalized a rule this month under which companies whose balance sheets are dominated by a single asset would be ineligible for inclusion. MSCI is due to publish the list of affected companies on November 11.
Strategy is known in the source material as a Bitcoin treasury company, and the reference to a balance sheet dominated by one asset places the company’s Bitcoin holdings at the center of that index-related issue. The outcome could affect how the company is treated by the widely followed MSCI equity indexes, but the source material does not state whether Strategy will ultimately be removed.
Moneyiar market picture
Moneyiar market data recorded on October 25, 2026, at approximately 22:38-22:39 +03:30, showed the following:
- DAI: $0.9987994219, down 0.10% over 24 hours and down 0.16% over seven days.
- Starknet (STRK): $0.0457367352, down 1.61% over 24 hours and down 23.34% over seven days.
- Ailey (ALE): $0.2668263334, up 0.04% over 24 hours and down 0.09% over seven days.
- RedStone (RED): $0.1452603192, down 2.72% over 24 hours and up 6.36% over seven days.
The market data’s STRK listing refers to Starknet, a separately identified asset in Moneyiar’s data, while the Strategy security discussed in the shareholder vote is the company’s preferred stock symbol STRK.
