Strategy plans to change preferred stock dividends to daily accumulation, voting on October 28th

Michael Saylor, Executive Chairman of Strategy, stated that the company raises funds through issuing stocks or selling positions to pay dividends in US dollars, with the preferred stock STRC currently having an annualized dividend yield of 12%. Strategy proposes to change the dividend to be accumulated on a calendar day basis, with the regular dividend rate and total amount unchanged. Shareholders will vote on October 28th. If the proposal is approved, the first registration date for STRC will be November 1st, and the first payment will be made on November 2nd. (Source: Bitcoin.com News)