Strategy, a leading publicly traded bitcoin holder, has confirmed an 11.5% dividend rate for May on its Stretch (STRC) perpetual preferred stock, marking the third month at this rate. The April volume-weighted average price of $99.76 was close enough to the $100 par value to keep the rate unchanged.
Since its listing in July 2025 with a 9% dividend, STRC has seen several increases as the company aims to minimize volatility and keep the price near $100. Strategy positions STRC as a short-term, high-yield savings option with monthly cash distributions. Currently trading at $99.75, STRC has been below par since April 15, but a return to $100 is anticipated soon based on historical trends.
Meanwhile, Strategy's common stock has shown signs of recovery, ending April at $165, a 33% increase and its first positive month in nine. After eight consecutive losing months from August 2025 to March 2026, with a 75% decline, the stock is rebounding. Bitcoin also saw a 12% increase in April, its best performance since April 2025. Additionally, Strategy is considering switching to semi-monthly dividend payments for STRC to reduce volatility further.