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[Strategy Proposes Changing Preferred Stock Dividends to Daily Accumulation, Shareholder Vote on October 28] Odaily Planet Daily reports that Strategy Executive Chairman Michael Saylor stated that Bitcoin itself does not pay interest. The company distributes USD dividends to investors based on securities terms. Strategy raises funds by issuing stocks or selectively selling holdings and uses cash reserves to cover dividends and debt interest; its preferred stock is not collateralized by Bitcoin. Strategy's common stock, MSTR, provides Bitcoin exposure, while its preferred stock, STRC, targets investors seeking USD income. STRC currently has an annualized dividend yield of 12%, with interest rates adjusted monthly and dividends paid twice a month. This security has no maturity date and does not guarantee principal repayment. On September 25, Strategy proposed changing dividends to accumulate daily based on each calendar day, with declared amounts typically paid on the next business day. The regular dividend rate and total amount remain unchanged. Shareholders are scheduled to vote on October 28; if the proposal is approved, STRC's first daily record date will be November 1, and the first payment will be made on November 2. (Bitcoin.com News)