Strategy to Pay Semi-Monthly Dividends to STRC Shareholders
- STRC shareholders approved a proposal to change dividend payments from monthly to semi-monthly.
- The first semi-monthly payment will occur on July 15, with record date set for June 30.
- Strategy recently resumed Bitcoin purchases, acquiring $100 million worth after selling shares of MSTR.
- Market expert Scott Melker suggested buying STRC shares as they trade below par value of $100.
- MSTR stock has rebounded over 5% today, trading at $127.
The approval for semi-monthly dividends reflects Strategy’s commitment to enhancing liquidity and stabilizing prices for Bitcoin holders. This move comes as the firm continues its investment strategy amid fluctuating market conditions.
With the first payment set for July, this shift aims to provide quicker reinvestment opportunities for shareholders while the stock trades below its par value of $100. (Source)
