Strategy, the largest publicly traded bitcoin holder, has announced that its perpetual preferred stock, STRC, will maintain an 11.5% dividend rate for May. This marks the third consecutive month at this rate.
The volume-weighted average price of $99.76 in April 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 experienced 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, offering 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, MSTR common stock has shown signs of recovery, ending April at $165, a 33% increase and its first positive month in nine.
After falling 75% over eight consecutive losing months from August 2025 to March 2026, MSTR is seeing a turnaround. Bitcoin also saw a 12% increase in April, its best monthly performance since April 2025.
Furthermore, Strategy is exploring the possibility of switching to semi-monthly dividend payments for STRC to reduce volatility further.