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Regulation

Strategy Sets STRC Dividend Rules Under Amendment Effective Nov. 1

Image: TokenPost

Strategy's amendment to its Nasdaq-listed Stretch preferred stock took effect Nov. 1, setting dividend record dates on a calendar-day basis and payments for business days. The security trades under ticker STRC and pays monthly dividends under a rate policy set by Strategy’s board. The amended terms establish calendar-day record dates and business-day payments. Strategy launched STRC in July 2025. Its initial offering raised about $2.521 billion before expenses, and the company used net proceeds to purchase 21,021 Bitcoin (BTC). John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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