Strategy has secured regulatory approval to pay dividends on its STRC preferred stock twice a month, a shift from the previous monthly schedule. The company disclosed the move in a filing this week, just as its Bitcoin holdings crossed the 845,256 BTC mark — a record for the publicly traded firm.
The dividend change
Starting this quarter, STRC holders will receive payments on the 1st and 15th of each month, or the next business day if those dates fall on a weekend or holiday. The accelerated frequency gives income-focused investors a more predictable stream, though the per-share amount hasn't changed. Strategy didn't say which regulator signed off, only that it received the necessary approval before announcing the new schedule.
Bitcoin buys and a tiny sell
The dividend news came a week after Strategy added 1,550 Bitcoin to its already massive treasury. The purchase, funded through a mix of ATM equity sales and excess cash, pushed total holdings to 845,256 BTC. In a rare move, the company also sold 32 Bitcoin during the same week — a rounding error relative to its total stash but still unusual for a firm that has long positioned itself as a pure buy-and-hold accumulator. Strategy didn't explain the sale in the filing.
The timing isn't great for critics who've questioned the firm's debt-fueled Bitcoin strategy. With interest rates still elevated and the broader market jittery, doubling down on a volatile asset class looks bold. But the company's stock has closely tracked Bitcoin's price this year, and the dividend approval suggests regulators aren't spooked by the strategy.
Strategy's next Bitcoin purchase announcement will be closely watched — and whether the tiny sell-off becomes a pattern. The company is expected to file its quarterly report within the next two weeks, which should offer more detail on the dividend mechanics and any plans for the Bitcoin stash.
