MicroStrategy Approves Daily Dividends. Will Bitcoin Buying Return?

Michael Saylor’s MicroStrategy (now Strategy) has approved daily dividend payments across four preferred stocks, potentially reopening a major funding route for Bitcoin purchases after a week of buying nothing. Shareholders backed the change on Wednesday, October 28, with 99.3% of votes cast in favor, according to Saylor and an SEC filing . In simple terms, investors holding Strategy’s preferred shares will receive smaller, more frequent payments instead of waiting weeks or months. Annual dividend rates remain unchanged. The company’s flagship Stretch (STRC) stock, currently offering a 12% annual dividend, switches on November 1. Three other preferred stocks follow in January, subject to final implementation. Will MicroStrategy Start Buying Bitcoin Again? That is the bigger question. Strategy bought no Bitcoin between October 19 and 25.

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