The Dividend Strategy
Michael Saylor’s Strategy is making moves to get its STRC preferred stock back on track. The firm just declared daily cash dividends for the entire month of November, provided shareholders give the thumbs up and pending a few necessary amendments. If you’re tracking the bags, this means payments are set to start rolling out on November 2 for each day from the 1st through the 30th.
Right now, the annualized dividend rate is holding steady at 12%. The management team has made it clear that this rate isn't set in stone for forever; they plan to keep recommending it until the stock finally shows some main character energy and trades consistently near its $100 par value. As of Friday, STRC was sitting at $99.32, so it’s basically right there, but not quite breaking through.
Why the focus on STRC?
STRC is a major fundraising engine for the company’s massive Bitcoin accumulation. By dangling these daily dividends, the firm is clearly trying to lure in more investors and tighten that spread toward the $100 mark.
The BTC Balance Sheet
Real talk: the company is still stacking hard. They grabbed another 250 BTC last week for $21.5 million, bringing their absolute mountain of holdings to 848,250 BTC. Interestingly, during the week ending October 4, they actually spent way more on stock buybacks—$176 million—compared to the $28 million they put toward new Bitcoin. It’s giving capital allocation games.
Why it matters
For anyone looking at this, remember that crypto-linked stocks are high-key volatile. While dividends can look attractive, they aren't a guarantee of long-term gains, and this is definitely not financial advice. The health of the stock is tied heavily to the company's aggressive BTC acquisition strategy, so keep your eyes on the chart, not just the payout.
