News linked to both this project and an event.
Odaily reports: Starknet posted on X that account abstraction allows accounts to change their verification logic without changing their address, balance, or history, enabling a switch to post-quantum signature schemes without modifying the protocol. Starknet stated that, as an Ethereum L2, its settlement, data availability, and cross-chain bridges still depend on Ethereum and elliptic curve cryptography; researching an independent L1 would allow it to set its own cryptographic schemes and migration timeline. The independent L1 is currently still a research direction, STRK remains the native token, there are no plans to issue a new token, and any decision to migrate to an L1 would require a binding governance vote.
Odaily reports: Analysts at StoneX and TD Cowen believe that Strategy's preferred stock financing structure has stabilized and liquidity has improved, creating conditions for the company to resume accumulating Bitcoin and increase its Bitcoin holdings per share. Both institutions maintain a Buy rating, with target prices of $435 and $260, respectively.As of the end of the third quarter, Strategy held $5.07 billion in U.S. dollar assets, including $4.83 billion in cash reserves, sufficient to cover approximately 3.2 to 3.4 years of preferred stock dividends and debt interest. Strategy also spent approximately $2 billion to repurchase STRC preferred shares, helping its price recover to near its $100 par value. However, because funds were prioritized for replenishing cash reserves and supporting preferred stock rather than accumulating Bitcoin, Strategy's Bitcoin holdings per share declined 3.7% during the year.Additionally, holders of STRC, STRF, STRK, and STRD preferred shares have approved daily accrual of dividends: STRC effective November 1, and the other three classes effective January 1 of next year. Management stated that the move is intended to reduce volatility, improve liquidity, and expand demand. TD Cowen believes that broader distribution channels and better liquidity could ultimately enhance Strategy's efficiency in issuing "digital credit" products.
Odaily reports: According to Bitfinex analysis, Strategy shareholders voted on October 28 to approve a proposal for daily dividend payments on STRC preferred stock, with preliminary results showing 99.3% of votes in favor. STRC is expected to shift from semi-monthly dividend payments to daily dividend payments starting November 1, with the first cash dividend payment arriving on November 2; Strategy's other three preferred stocks, STRF, STRK, and STRD, are expected to follow suit in January 2027.Strategy's move aims to reduce price volatility around ex-dividend dates. Company CEO Phong Le stated that previously, when STRC paid dividends monthly, prices fell by an average of about 49 basis points around the ex-dividend date, which dropped to about 36 basis points after switching to semi-monthly payments. The company expects that daily dividend payments will further disperse selling pressure and improve price stability.This model was not pioneered by Strategy. Bitcoin treasury company Strive converted its SATA preferred stock to daily dividend payments in June of this year and launched a subordinated preferred stock, SATS, with a fixed annual dividend rate of 15%. In October, Strive issued 7 million shares of SATS at $90 per share, raising approximately $630 million, and used about $511 million of that to purchase 6,182 BTC.
Strategy shareholders have approved a company proposal for daily dividends with a 99.3% affirmative vote. Going forward, STRF, STRC, STRK, and STRD will accrue interest and distribute dividends on each calendar day.
Odaily reports: Bitcoin treasury company Strategy shareholders will vote on October 28 on whether to amend the terms of STRC, STRF, STRK, and STRD to allow dividend record dates to be set on a daily basis. The proposal requires majority support of the total voting power of all outstanding common shares, with abstentions and broker non-votes counted as opposition; preferred shareholders have no voting rights.Michael Saylor currently controls 32.9% of the total voting power, and the proposal still needs about 17 percentage points of support from other shareholders. If approved, STRC holders can receive dividends on a daily basis from November 1 to 30, totaling $1 per share, with an annualized rate of 12%; if not approved, daily dividends will not be implemented.Strategy will announce its third-quarter results on October 29. As of October 25, the company held 848,517 bitcoins and $5.1 billion in dollar assets. (Bitcoin.com News)
On October 8, StarkWare announced that it is actively exploring the possibility of Starknet evolving into an independent post-quantum L1 to gain greater control over its own security. The community has launched a non-binding poll to assess whether STRK holders support further research in this direction.
Odaily News: The Starknet community has initiated a 7-day non-binding vote to poll STRK holders on whether they support further research into the possibility of transitioning Starknet from an Ethereum L2 to an independent quantum-resistant L1.The proposal notes that Starknet currently employs hash-based STARK proofs and native account abstraction technology, giving its core protocol quantum-resistant capabilities, and user accounts can also adopt quantum-resistant signatures without requiring protocol upgrades. However, the parts that depend on Ethereum, such as its cross-chain bridge and data availability, remain constrained by the progress of Ethereum's quantum-resistant upgrades. Transitioning to an independent L1 is expected to eliminate this dependency.The proposal makes clear that regardless of which approach is ultimately adopted, STRK will continue to serve as the network's native token, no new tokens will be issued, and the cross-chain bridge from Ethereum to Starknet will remain open.This vote is intended solely to gauge community sentiment and is not a formal decision to transition. If the vote passes, the team will initiate further research and propose a detailed plan; if it does not receive support, the team will continue advancing quantum-resistant upgrade work under the existing L2 architecture.
Odaily News: Starknet, the Ethereum scaling network built by StarkWare, has stated that it is actively considering transitioning into an independent Layer 1 (L1) network and has set 2027 as its target for becoming the first fully quantum-resistant network. STRK was trading at approximately $0.073 on Friday, up about 20% in 24 hours and more than double its price of around $0.03 in April.StarkWare CEO Eli Ben-Sasson said that after becoming an L1, Starknet would be able to control security upgrades on its own without waiting for Ethereum to advance related work. As a Layer 2 (L2) network, Starknet currently relies on Ethereum for security; after transitioning to an L1, it will validate and secure transactions itself.Eli Ben-Sasson pointed out that quantum computers may in the future break the elliptic curve cryptography used by Bitcoin and Ethereum, and that AI's development in mathematics also poses another risk. Ethereum's roadmap is expected to complete core quantum-resistant infrastructure around 2029, while Starknet plans to move that up to 2027; currently, no quantum computer is capable of breaking these systems. (Decrypt)
Michael Saylor posted on X that the proposal covers STRF, STRC, STRK, and STRD. Dividends will accrue on each calendar day, including weekends and holidays, and will be paid on the next business day; the relevant economic terms remain unchanged. The proposal aims to support price stability, liquidity, and demand.
According to a post by MicroStrategy founder Michael Saylor, MicroStrategy has upgraded the dashboard for four preferred stock products: STRC, STRD, STRK, and STRF, adding metrics such as Bitcoin rating, after-tax effective yield, and one-year Sharpe ratio. These new tools can be used to evaluate the yield levels, credit quality, downside protection, and risk-adjusted returns of the relevant products.
Odaily News: BitcoinTreasuries.NET posted on X platform that Metaplanet's DylanLeclair stated the market did not notice Saylor selling 3,500 Bitcoin until Strategy MSTR released its disclosure document. He also noted that looking back in the future, this will be one of the reasons for STRK’s strong trading performance. Strategy did not issue new shares, and dividends are still being paid.
on June 29, Strategy raised the annualized dividend of STRC to 12% and authorized a $1 billion buyback plan covering four preferred securities: STRC, STRF, STRD, and STRK, with STRC as the initial priority repurchase target. Strategy disclosed that the buyback funds will not come from its approximately $2.55 billion cash reserve, but may instead come from the concurrently approved $1.25 billion Bitcoin monetization program. STRC traded in the mid-to-high $80 range this week, dipping below $85 on some trading days, falling short of Strategy's long-term trading target of $99 to $100. Peter Schiff stated that prices below $87 for STRC indicate Wall Street's skepticism regarding the pace of Bitcoin growth. (Bitcoin.com News).
The new version will support dynamic L2 gas base fee adjustments based on STRK, improve block generation speed, reduce the target L2 gas consumption per block while keeping the maximum block size unchanged, and deprecate RPC 0.8.