Strategy Shareholders Approve Daily Dividends for Four Preferred Stock Classes

Strategy Inc stockholders voted on Oct. 28, 2026, to approve amended certificates of designation that establish daily dividend schedules for four series of perpetual preferred stock, according to an SEC filing ¹. The preliminary voting outcome authorizes calendar-day dividend record dates across its STRC, STRF, STRK, and STRD issues ¹.

Under the authorized terms, the daily dividend schedule takes effect on Nov. 1, 2026, for the Variable Rate Series A Perpetual Stretch Preferred Stock ($STRC) ¹. Daily distributions for the remaining three issues—the 10.00% Series A Perpetual Strife Preferred Stock ($STRF), the 8.00% Series A Perpetual Strike Preferred Stock ($STRK), and the 10.00% Series A Perpetual Stride Preferred Stock ($STRD)—are scheduled to begin on Jan. 1, 2027 ¹. The daily schedule assigns a record date to every calendar day, encompassing weekends as well as bank and market holidays ¹.

Clearing and Settlement Rules

For shares settled through The Depository Trust Company (DTC), any dividend record date that falls on a non-business day or DTC holiday will default to the immediately preceding business day ¹. Because Nasdaq aligns the ex-dividend date with the record date or the prior business day, consecutive holiday record dates—such as a weekend—will share a single ex-dividend date on the preceding Friday and distribute simultaneously on the subsequent business day ¹.

Strategy noted that due to standard T+1 settlement mechanisms, an investor acquiring shares on a Friday will not be eligible to receive that weekend's accumulated payouts, whereas a seller executing on that Friday will retain eligibility ¹. The company cautioned that different rules may apply on venues offering 24/7 trading or non-DTC clearing frameworks ¹. The operational transition occurs while benchmark asset $BTC traded around $80,363 at the time of writing.