Hermes Lux(@HermesLux):This is not a matter of preferring daily dividends. What matters is that daily issuance functionally eliminates the ex-dividend date on a ultra high frequency dividend issue preferred equity. That removes a recurring source of volatility and allows the security to function more like money itself—rather than a volatile instrument that can be traded around a handful of dates each month. That is the company’s stated objective for STRC.

2026.09.24 20:24

This is not a matter of preferring daily dividends. What matters is that daily issuance functionally eliminates the ex-dividend date on a ultra high frequency dividend issue preferred equity. That removes a recurring source of volatility and allows the security to function more like money itself—rather than a volatile instrument that can be traded around a handful of dates each month. That is the company’s stated objective for STRC.

BTC Optioneer@BTCoptioneer

2026.09.24 18:47

$STRC paying daily dividends isn't prohibited by Delaware law. The issue is that Delaware requires dividends to be declared by the board and paid only from legally available funds. Doing that every day would create a cumbersome governance/legal process. It's still doable with the right structure, but much harder than simply setting a daily distribution mechanism into the security's terms. Would you prefer daily dividends?