Update
Strategy Shares Vote on Daily Dividends
Strategy shareholders are scheduled to vote on Oct. 28 whether the company will pay daily dividends on its STRC security. The proposal requires the affirmative vote of holders of a majority of the voting power of all outstanding Common Stock. Michael Saylor, who controls 32.9% of total voting power, needs additional support to reach the required 17% more. If approved, the dividends would start on Nov. 1 and continue until Dec. 31, with payments made on the business day after each record date, including weekends. If the proposal is not approved by Oct. 31 or the amended certificate is not effective by Nov. 1, the daily payouts would be suspended.