TLDR
- Strategy shareholders approved Proposal 5 at the June 8 annual meeting.
- STRC dividends will move from monthly to semi-monthly payments.
- Record dates will fall on the 15th and last day of each month.
- The first STRC semi-monthly payment date is July 15, 2026.
- Strategy bought 1,550 BTC, raising its holdings to 845,256 BTC
Strategy shareholders have approved an amendment that changes the dividend schedule for the company’s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, from monthly payments to a semi-monthly cadence.
The approval came during Strategy’s 2026 Annual Meeting of Stockholders, held virtually on June 8, 2026. The company said Proposal 5 received support from holders of both Strategy common stock and STRC. The amendment will move STRC dividend record dates and payment dates to twice per month, subject to declaration by Strategy’s board.
$STRC and $MSTR shareholders have approved the amendment to move $STRC dividends from monthly to semi-monthly. Under the new cadence, the first record date is June 30 and the first payment date is July 15. Thank you to every shareholder who voted. https://t.co/3sIqqF3FCR
— Michael Saylor (@saylor) June 8, 2026
Under the new schedule, STRC record dates will fall on the 15th and the final day of each month. Payment dates will occur on the subsequent record date. The first semi-monthly record date is expected to be June 30, 2026, while the first semi-monthly payment date is expected to be July 15, 2026.
STRC’s final monthly record date will be June 15, 2026, and its final monthly payment date will be June 30, 2026. The company said the new cadence is designed to provide holders with faster dividend reinvestment opportunities.
Phong Le Says STRC Change Aims to Support Liquidity
Strategy President and Chief Executive Officer Phong Le said the dividend change reflects the company’s effort to adjust STRC’s structure for holders. He said paying dividends twice per month is designed to stabilize price, dampen cyclicality, drive liquidity and grow demand for STRC.
Le also thanked shareholders for supporting the proposal. In a post on X, he said the upgrade was intended to support STRC’s market structure and improve demand. Executive Chairman Michael Saylor also posted that STRC and MSTR shareholders had approved the amendment.
The change affects Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, one of several securities tied to the company’s broader capital structure. Strategy trades under several tickers, including MSTR for common stock and STRC, STRF, STRK and STRD for preferred or related securities. The company also has a listing reference on the Luxembourg Stock Exchange under STRE.
The shareholder approval comes as investors continue to monitor Strategy’s dividend obligations, equity issuance activity and Bitcoin treasury strategy. The company has built its public profile around Bitcoin accumulation, while also using capital markets to support purchases, preferred stock distributions and liquidity needs.
Strategy Adds 1,550 BTC After Recent Sale
The STRC dividend change was announced as Strategy resumed Bitcoin buying after a rare BTC sale the prior week. The company purchased 1,550 BTC for about $101.3 million, raising its total holdings to 845,256 BTC.
The purchase was made at an average price of $65,332 per Bitcoin. That price was below Strategy’s overall average acquisition cost of $75,680 per BTC. After the latest acquisition, the company’s Bitcoin holdings were reported to have been acquired for just under $64 billion.
The new purchase followed Strategy’s sale of 32 BTC, worth about $2.5 million, which the company said was intended to help fund preferred stock distributions. That sale drew market attention because it was Strategy’s first Bitcoin sale since 2022 and came during a period of pressure across the crypto market.
Bitcoin fell between 15% and 21% during the recent sell-off, according to the figures circulating around the announcement. Strategy’s decision to buy 1,550 BTC after selling 32 BTC helped address market questions about whether the company’s Bitcoin accumulation strategy had changed.
The 1,550 BTC purchase was much larger than the earlier 32 BTC sale. The newly acquired Bitcoin amount was more than 48 times the size of the sale. After both transactions, Strategy’s total holdings increased to 845,256 BTC, keeping the company among the largest corporate holders of Bitcoin.
Stock Sales Fund Bitcoin Purchase and Cash Reserve Increase
Strategy funded the Bitcoin purchase through stock sales under its at-the-market offering program. The company raised $181 million through common stock sales during the period.
The proceeds were used to support the $101.3 million Bitcoin purchase and increase the company’s U.S. dollar reserve. Strategy raised its cash reserve from $900 million to $1 billion, adding $100 million in liquidity.
The cash reserve increase came as investors focused on the company’s ability to manage preferred stock distributions while continuing to add Bitcoin. The STRC dividend amendment moves payments from once per month to twice per month, which may create a more frequent payment structure for holders.
Market reaction was positive in pre-market trading. MSTR rose 6.55% to $126.90 following the announcement of the Bitcoin purchase and the company’s updated reserve position.