# Strategy Sets STRC Dividend Rules Under Amendment Effective Nov. 1

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/52489
Published: 2026-11-09T18:45:32.000Z
Updated: 2026-11-09T18:45:32.000Z
Section: Business

> The perpetual preferred stock pays monthly dividends under a rate policy set by Strategy’s board.

Strategy's amendment to its Nasdaq-listed Stretch preferred stock took effect Nov. 1, setting dividend record dates on a calendar-day basis and payments for business days.

The security trades under ticker STRC and pays monthly dividends under a rate policy set by Strategy’s board. The amended terms establish calendar-day record dates and business-day payments.

Strategy launched STRC in July 2025. Its initial offering raised about $2.521 billion before expenses, and the company used net proceeds to purchase 21,021 Bitcoin (BTC).