Strategy Aims to Boost Stretch Preferred Shares with Semi-Monthly Dividends

Strategy, a prominent enterprise software company turned bitcoin treasury, is taking steps to maintain the stability and appeal of its Stretch perpetual preferred shares (STRC). The company has proposed paying semi-monthly dividends on these shares, which could help stabilize their price and attract more investors. This move follows recent purchases of $2.54 billion worth of bitcoin, bringing Strategy's total holdings to nearly $62 billion.