Friday, October 16, 2026Daily EditionIndependent journalism
BeCrypto NewsIndependent digital asset reporting
BTC $82,117 +1.43%ETH $2,465.44 +4.18%SOL $106.10 +2.85%XRP $1.34 +2.00%BNB $728.53 +0.97%DOGE $0.0817 +4.81%Prices: CoinGecko,
Markets

Strategy conditionally declares daily STRC dividends for November at 12% rate

Image: Crypto Briefing

The Bitcoin treasury company wants to pay its Stretch preferred holders every day, pending a common stockholder vote on October 28 Strategy Inc wants to pay some of its investors every single day. On October 16, 2026, the company said in an SEC 8-K filing that it would conditionally declare daily cash dividends on its Variable Rate Series A Perpetual Stretch Preferred Stock, better known by its ticker, STRC. The total for November comes to $1.00 per share, which works out to a 12% annualized rate. The catch: none of it happens unless common stockholders sign off first. The daily dividend plan rests on two conditions. First, common stockholders must approve an amendment that allows “daily dividends” at a special meeting set for October 28, 2026, at 10:00 a.m.

Read the full story on Crypto Briefing

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Briefing.

Latest in Markets

All Markets stories