Strategy (MSTR), known for its bitcoin treasury operations, has filed a proxy to change the dividend payment frequency for its STRC preferred stock from monthly to semi-monthly. Executive Chairman Michael Saylor emphasized that this modification is designed to stabilize stock prices, reduce cyclicality, enhance liquidity, and boost demand. The annual dividend obligation and yield, currently set at 11.5%, will remain unchanged. As of the latest filing, the outstanding notional value of STRC preferred stock has surged to $6.4 billion. Notably, the stock's volatility has decreased to 2.1% over the past two months, a significant drop from 13% during the first eight months post-launch. The voting period for this amendment will conclude on June 8, with the first semi-monthly payment anticipated on July 15 if the proposal is approved. This strategic move comes alongside rising bitcoin prices, which have reached a two-month high near $78,000, reflecting a broader risk-on sentiment in the market.