MicroStrategy (MSTR) has proposed changing the dividend payments for its perpetual preferred stock STRC from monthly to bi-weekly. According to CoinDesk, MicroStrategy founder Michael Saylor explained, "This measure will not affect the dividend payment obligation or the dividend rate (currently 11.5%)," adding, "It aims to stabilize prices, mitigate market volatility, enhance liquidity, and increase demand." Voting on the amendment closes on June 8 (local time), and if approved, the first payment date will be July 15.
