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Strategy Proposes Daily Dividend Accrual on Its Four Preferred Shares
Strategy filed a preliminary proxy on September 25 to have dividends on its four U.S. preferred shares — STRF, STRC, STRK and STRD — accrue every calendar day, with shareholders voting October 28.
Strategy sits out bitcoin for a fifth week, raising cash and selling stock instead of stacking coins
Strategy went a fifth straight week without buying bitcoin, instead selling $544.5 million of stock to lift its cash reserve to $3.75 billion and repurchasing $25 million of its own preferred shares.