STRATEGY DECLARES A STRC DIVIDEND FOR ALL 30 DAYS OF NOVEMBER — TWENTY PAY 3 CENTS, TEN PAY 4 — THE SAME $1.00 AS TWO $0.50 CHECKS — THE OLD CHECK COMES BACK IF THE OCTOBER 28 VOTE FAILS

Strategy’s board declared a STRC dividend for every calendar day of November on October 15, and the table landed in an 8-K on October 16. That’s 30 record dates, each paid the next business day, from November 2 through December 1. All of it hangs on the October 28 special meeting. The dividends pay only if common holders approve the Daily Dividend Amendments by 5 p.m. on October 31 and the new STRC certificate takes effect by 12:01 a.m. on November 1. Miss either one and the $0.50 November 15 payment declared September 30 stands, and STRC stays on twice a month. The filing says both can’t be paid.

The table is the part you can check. Twelve percent on a $100 share is $1.00 a month, about 3.33 cents a day. The table pays whole cents, so twenty days pay $0.03 and ten pay $0.04, every third date from November 3 to November 30. Twenty times three cents plus ten times four is $1.00, the same dollar as two $0.50 checks. Weekends stack up. Each Friday, Saturday and Sunday pays together on Monday, a dime at a time, four Mondays running. Veterans Day and Thanksgiving, when the New York Fed is closed, each fold two days into one payment. Thirty dividends, twenty pay dates.

So the daily dividend is a little less daily than it sounds. Our September 25 story said a record date every day kills the sawtooth, the climb into a payday and the drop after it. In pennies, the step’s still there. A cent extra every third day, a dime every weekend. A year ago Saylor said it was “very problematic to pay a daily dividend or a weekly dividend,” on the Market Disruptors podcast, in a video posted October 17, 2025, because the banking system snapshots holders of record on about a three-day delay. Strive’s SATA went daily in May. Strategy’s fix is a calendar written into STRC’s terms, with the cash a business day behind.

What you still have to trust is the vote, the board and the balance sheet, which pays the same 12% either way. What you can check is the table, and it adds up. At the time of this writing, bitcoin was $81,877.