According to an official announcement, Strategy has proposed to adjust the dividend distribution frequency of STRC from once a month to once every two weeks. If this proposal is approved and adopted, it is expected to shorten the reinvestment lag, enhance liquidity and market efficiency, and improve price stability. The proposal requires a joint vote from both MSTR and STRC shareholders, and it can only pass if both classes of shareholders vote in favor. According to the proposal timeline, voting began on April 28 and will conclude at the meeting on June 8. If the proposal is approved, the first record date under the new schedule will be June 30, with the first dividend payment on July 15. Eligible voting shareholders must hold shares by April 17.
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