Strategy to Vote Oct 28 on Daily STRC Dividends; Saylor Holds 32.9%

The high hurdle—majority of all outstanding common shares, with abstentions counted against—makes Saylor's 32.9% stake far from decisive, so the outcome hinges on broad retail and institutional participation rather than insider backing alone. A daily-pay structure on perpetual preferreds would mark a meaningful shift in how these instruments are marketed to income-focused holders, but the vote itself is the real test of shareholder appetite. Whether abstentions and non-votes tip the result is the open question.