MicroStrategy shifts STRC dividend to semi-monthly

MicroStrategy is proposing to change its STRC preferred equity dividend schedule from monthly to semi-monthly payments. This strategic shift aims to reduce price volatility typically seen after ex-dividend dates, keeping the stock closer to its $100 par value. By enabling more consistent capital raising through its at-the-market program, MicroStrategy can purchase Bitcoin at a steadier pace. The move also seeks to improve investor liquidity and create a unique semi-monthly dividend offering in the market, potentially attracting more consistent buying pressure throughout the month.