Strategy proposed adjusting the STRC preferred stock dividend frequency to once every two weeks.

CoinFeed reported on April 18th that, according to The Block, Strategy has proposed adjusting its STRC preferred stock dividend plan, changing the dividend frequency from monthly to bi-weekly. The company stated that this move could "reduce reinvestment lag, improve liquidity, enhance market efficiency, and strengthen price stability." The proposal is scheduled to be formally filed and put to a vote on April 28th, with voting concluding on June 8th. If approved, the dividend plan will take effect on June 30th, with the first payment on July 15th. STRC is a perpetual preferred stock designed to trade at a par value close to $100 while paying a variable cash dividend, currently yielding an annualized dividend rate of 11.5%.