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Strategy Shareholders Approve Daily Dividends on Preferred Stock by 99.3% Vote
(2 hours ago) · 1 source · Summarized by CryptoBipto
Strategy (formerly MicroStrategy) shareholders voted overwhelmingly to approve daily dividend payments on the company's preferred stock, with 99.3% voting in favor. The vote formalizes a change in how dividends are distributed to holders of the company's preferred shares.
WHY IT MATTERS
Strategy is one of the largest corporate holders of Bitcoin, and it has raised money partly by selling a type of stock called preferred stock.
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SOURCES
- decrypt.co
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BTCCorporate Bitcoin HoldingsPreferred StockStrategy (MicroStrategy)Dividends