Strategy moves STRC preferred-stock dividends to semi-monthly

CoinDesk and The Block report Strategy (formerly MicroStrategy) is moving its STRC perpetual-preferred dividend from monthly to semi-monthly (twice a month). STRC trades near $100 par at 11.5% annualized yield; the frequency change does not alter total yield. Consensus on the mechanics and the June 1 proposed effective date. Divergence is on strategic intent: CoinDesk emphasizes smoothing institutional carry, while The Block frames it as competitive response to BTC-treasury imitators (Semler Scientific, Metaplanet) rolling similar structures.