Strategy Inc filed an 8-K on October 28, 2026, disclosing that stockholders voted at a Special Meeting to approve amended certificates of designations for four preferred stock series, enabling daily dividend payments beginning as early as November 1, 2026.

Key Highlights

  • Special Meeting held October 28, 2026: Strategy Inc reported that the requisite stockholder vote was obtained to approve amended and restated certificates of designations for STRF, STRC, STRK, and STRD preferred stock.
  • Daily dividend record dates approved: Each of the four preferred series will have a dividend record date on every calendar day, including weekends and market and bank holidays, once the amended certificates are filed and effective.
  • STRC effective date November 1, 2026: The daily dividend schedule for Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) is set to take effect November 1, 2026.
  • STRF, STRK, and STRD effective January 1, 2027: The daily dividend schedule for the remaining three series takes effect January 1, 2027.
  • Record date of September 25, 2026: The stockholder vote was based on common shares outstanding as of that record date.
  • DTC holiday treatment clarified: According to the filing, record dates falling on weekends or DTC holidays will be deemed by DTC to fall on the immediately preceding non-holiday day.

Strategy Inc Preferred Stock Daily Dividend Framework: Mechanics and Effective Dates

According to the filing, Strategy Inc (NASDAQ:MSTR) held a Special Meeting of Stockholders on October 28, 2026, at which shareholders voted to amend and restate the certificates of designations for four preferred stock series: the 10.00% Series A Perpetual Strife Preferred Stock (STRF), the Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), the 8.00% Series A Perpetual Strike Preferred Stock (STRK), and the 10.00% Series A Perpetual Stride Preferred Stock (STRD). The company disclosed that the requisite vote was obtained from common stockholders of record as of September 25, 2026, the record date for the Special Meeting.

The filing explains that, subject to the filing and effectiveness of the amended certificates, each series will carry a dividend record date on every calendar day. For shares cleared through The Depository Trust Company, any record date falling on a weekend or DTC holiday will be deemed to fall on the immediately preceding non-holiday day. The filing further states that for shares traded on Nasdaq, the ex-dividend date is generally the same day as the record date when it falls on a trading day, or the immediately preceding business day when it does not. The company provided a specific example: dividends with record dates of November 6, 7, and 8, 2026 would all share a single DTC record date of Friday, November 6, with all three paid together on Monday, November 9.

The filing notes that dividend entitlement may differ for shares not cleared through DTC or traded on venues other than Nasdaq, depending on the trading, clearing, and settlement arrangements of the relevant platform. The company stated that "investors should consult their brokers." The filing contains forward-looking statements, which the company notes are subject to risks including the actions and policies of Nasdaq, DTC, other trading venues, clearing platforms, and brokers, and the risk factors discussed in the company's Form 10-Q filed August 3, 2026.

What Was Disclosed

Strategy Inc disclosed that its stockholders approved daily dividend structures for four preferred stock series at a Special Meeting on October 28, 2026. STRC transitions to daily dividends on November 1, 2026, while STRF, STRK, and STRD follow on January 1, 2027, pending effectiveness of amended certificates of designations.