Strategy may shift STRC preferred dividends to semi-monthly

The Block confirms Strategy is looking to boost STRC preferred-stock dividend frequency from monthly to semi-monthly. The Block notes that STRC, designed to trade near $100 par, currently pays 11.5% annualized — a yield profile that has been a major driver of institutional demand for Strategy's Bitcoin treasury model. The Block's angle focuses on competitive pressure: several BTC-treasury imitators (Semler Scientific, Metaplanet) have been adopting similar preferred-stock structures, and semi-monthly cadence is a differentiator in yield-hungry fixed-income channels.