Strategy Sets Conditional Daily STRC Dividends Ahead of October 28 Special Meeting Vote
MSTR sits 68% above its 52-week low of $81.81.
Summary
Strategy conditionally declared daily dividends on its STRC preferred for November 2026 at the same 12% annual rate, contingent on shareholder approval of the daily dividend amendment at the October 28 Special Meeting.
Key Events · Corporate Governance and Compliance · MSTR
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Conditional Daily STRC Dividends Declared
Strategy conditionally declared daily dividends on STRC for November 1-30, 2026, maintaining the 12.00% annual rate; the declaration is subject to shareholder approval of the daily dividend amendment.
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October 28 Special Meeting Vote
The daily dividend amendment goes to a shareholder vote at the 2026 Special Meeting on October 28, 2026; the definitive proxy was mailed starting October 5, 2026.
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November 1 Effective Conditions
Daily accrual with next-business-day payment begins November 1, 2026 only if the amendment is approved and the amended and restated certificate of designations is filed and effective by 12:01 a.m. ET that day.
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Proxy Solicitation via Social Media
Chairman Michael Saylor, CEO Phong Le, and IR director Chaitanya Jain posted or reposted STRC daily-dividend content on X on October 16, 2026; the company added bracketed clarifications to the reposted video transcript.
Analysis · MSTR · Crypto Assets
Strategy is using social-media proxy solicitation to push a specific proposal: converting its variable-rate preferred (STRC) from twice-monthly to daily dividend accrual at the same 12% annual rate, effective November 1, 2026. The change is conditional on shareholders approving the daily dividend amendment at the October 28 Special Meeting and on the amended certificate of designations being filed and effective by 12:01 a.m. ET November 1. For preferred holders this is a cash-timing change, not a rate change — the 12% annual rate is maintained. For common holders the vote matters because the preferred dividend structure underpins Strategy's broader capital framework, which the company has been funding through continuous ATM stock sales and debt to buy bitcoin. The filing itself carries no new share issuance or proceeds; it is solicitation material.
How filings like this one have moved
In the 30 days to Oct 16, 2026, 29.5% of the 1476 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.41%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MSTR was trading at $137.15 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $57.8B. The 52-week trading range was $81.81 to $306.16. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.