STRC holders would receive a dividend record date on each calendar day, including weekends and holidays, beginning November 1, if Strategy’s common stockholders approve the change on October 28.The company’s 8-K filing said the first daily payment would fall on November 2.Only common stock carries a vote on October 28STRF, STRK, and STRD would move later. Their first daily payment would be on January 4, 2027, to holders of record as of January 1, 2, and 3, and each subsequent payment would be on the next business day following its record date.Strategy’s board signed off on September 24. The filing says the rates, total regular dividends, and the company’s overall payment obligations remain unchanged.The preliminary proxy lists all four preferreds under “Not Entitled to Vote.” The proposal passes only with backing from a majority of the voting power of all outstanding common stock.STRC’s last schedule change was a little different. In May, Strategy enabled holders of STRC as of April 17 to vote on changing over to twice-monthly payments, reported Cryptopolitan.The meeting on October 28 will be virtual. But a yes vote does nothing until Strategy files amended certificates of designations with Delaware’s Secretary of State.A $2 billion buyback plan props up the $100 par“The proposed changes aim to support price stability, liquidity, and demand,” Strategy co-founder and executive chairman Michael Saylor said on X.In a separate statement, Strategy pitched steadier preferreds as easier to sell, which would help fund more Bitcoin buying.STRC’s variable rate is meant to keep it close to $100 par, which it lost badly in June when it dived below $75. It traded at $98.40 on Friday afternoon, up 0.09% on the day.Strategy has defended par since June with a preferred buyback plan that started out at $1 billion and doubled to $2 billion this month.Cryptopolitan reported the buybacks included 1,810,885 STRC shares for $176.3 million in early September.Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.