Strategy, a leading publicly traded bitcoin holder, has maintained the dividend rate for its perpetual preferred stock, STRC, at 11.5% for May. This marks the third consecutive month that the dividend has remained at this level. The volume-weighted average price of $99.76 in April was sufficiently close to the $100 par value to justify keeping the rate unchanged. Since its listing in July 2025 with a 9% dividend, STRC has experienced a series of increases, aiming to minimize volatility and keep the price near its $100 par value.
Strategy positions STRC as a short-term, high-yield savings alternative, offering monthly cash distributions. Currently, STRC is trading at $99.75 and has remained below par since April 15, but a return to $100 is anticipated next week based on historical patterns. Meanwhile, MSTR common stock has shown signs of recovery, closing April at $165, up 33%, its first positive month in nine.
The stock had previously fallen 75% across eight consecutive losing months from August 2025 to March 2026. Bitcoin also saw a 12% increase in April, its best monthly performance since April 2025. Furthermore, Strategy is considering a shift to semi-monthly dividend payments for STRC to reduce volatility further.