Strategy (MSTR) Proxy filing summary

Executive summary

• Chaitanya Jain discussed the preferred-stock amendment in a RE: Bitcoin interview; Phong Q. Le reposted a voting video urging shareholders to support it.

• The proposed changes are presented as a way to strengthen preferred securities and potentially increase demand, amplification, and Bitcoin per share; these outcomes are forward-looking.

Voting matters and shareholder proposals

• Proposal 1 would amend the designations for STRC, STRF, STRK, and STRD to permit daily dividends.

• The proposed calendar-day record dates would align dividends with ownership through weekends and holidays; payments would remain on the next business day.

• Voting opened October 5, 2026, and closes at 11:59 p.m. Eastern on October 27; the special meeting is October 28. If approved and declared, daily dividends would start November 1 for STRC and January 1 for the other three series.

• Shareholders had to own shares on September 25 to vote; not voting counts as a no vote.

Shareholder rights and capital structure

• The proposed daily schedule follows a prior move from monthly to semi-monthly dividends; Jain said more frequent record dates were intended to reduce volatility around ex-dates.

• Shareholders may vote by following the instructions in the definitive proxy statement; the supplemental communication does not provide proxy cards.