Overview
- Shareholders approved the change at the annual meeting and the new schedule starts with a June 30 record date and a first payment target of July 15.
- Strategy’s CEO said the semi-monthly cadence is designed to stabilize price, reduce cyclical drops on ex-dividend dates, and give holders faster reinvestment chances.
- The company raised about $181 million through at-the-market common stock sales and used part of the proceeds to buy 1,550 BTC, lifting its U.S. dollar reserve to about $1.0 billion.
- STRC trades below its $100 par at roughly $96.6–$96.9 while carrying an 11.50% annual dividend, and the preferred is not backed by Strategy’s bitcoin so payments depend on cash flow and capital markets access.
- Investors should watch the board’s formal dividend declaration on July 15 and monitor whether smaller, more frequent payments shrink ex-dividend price moves and widen demand for STRC.