Michael Saylor’s Strategy (MSTR) moves to pay STRC dividends twice per month
Leading Bitcoin finance company Strategy (MSTR) has filed a proxy statement that, if approved, would allow it to pay semi-monthly dividends on its STRC “Stretch” series preferred stock. Executive Chairman Michael Saylor noted that the move will not affect STRC’s annual dividend obligation or dividend rate (currently 11.5%). Instead, he said: “[the] The proposed reforms…