Strategy, the largest publicly traded bitcoin holder, has kept the dividend rate for its perpetual preferred stock, STRC, at 11.5% for the third consecutive month. This decision was made possible by the stock's volume-weighted average price of $99.76 in April, which is close to its $100 par value. Since its listing in July 2025 with a 9% dividend, STRC has experienced several increases as the company aims to minimize volatility and maintain the stock's price near its par value. Strategy positions STRC as a short-term, high-yield savings alternative that distributes monthly cash payments.
Currently, STRC is trading at $99.75 and has been below par since April 15, but based on historical trends, it is expected to return to $100 next week. Meanwhile, MSTR's common stock has shown signs of recovery, closing April at $165, which represents a 33% increase and its first positive month in nine.
Previously, the stock had fallen by 75% over eight consecutive months from August 2025 to March 2026, according to data from TradingView. Bitcoin also saw a 12% increase in April, its best monthly performance since April 2025. Furthermore, Strategy is considering switching to semi-monthly dividend payments for STRC to reduce volatility further.