Strategy, a prominent holder of bitcoin, has announced that it will maintain the dividend rate for its Stretch (STRC) perpetual preferred stock at 11.5% for May. This marks the third consecutive month that the dividend rate has remained unchanged. The volume-weighted average price of $99.76 in April was sufficient to justify keeping the rate steady. Since its listing in July 2025, STRC has experienced a series of dividend increases, starting from 9%, as part of the company's effort to minimize price fluctuations and keep the stock value near its $100 par value.
Strategy positions STRC as a high-yield, short-duration savings alternative that distributes cash monthly. 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, MSTR common stock has shown signs of recovery, closing April at $165, a 33% increase and its first positive month in nine. Following a decline of 75% over eight consecutive months from August 2025 to March 2026, the stock's recent performance is a notable turnaround.
Bitcoin also saw a 12% increase in April, its strongest monthly performance since April 2025. Additionally, Strategy is considering transitioning to semi-monthly dividend payments for STRC to further reduce price volatility, moving away from its current monthly distribution structure.