Strategy, the largest publicly traded bitcoin holder, has retained an 11.5% dividend rate for May on its perpetual preferred stock, STRC, marking the third month in a row at this rate. The April volume-weighted average price of $99.76 was close enough to the $100 par value to justify keeping the rate unchanged. Since its listing in July 2025 with a 9% dividend, STRC has experienced several increases as the company seeks to minimize volatility and maintain the price near its $100 par value.
Strategy positions STRC as a short-term, high-yield savings alternative, providing monthly cash distributions. Currently trading at $99.75, STRC has remained below par since April 15, but based on historical trends, it is expected to return to $100 next week. Meanwhile, MSTR common stock has shown signs of recovery, closing April at $165, up 33%, its first positive month in nine.
After falling 75% across eight consecutive losing months from August 2025 to March 2026, according to TradingView data, the stock is rebounding. Bitcoin also saw a 12% increase in April, its best monthly performance since April 2025.
Furthermore, Strategy is exploring a potential shift to semi-monthly dividend payments for STRC, moving away from its current monthly distribution structure to further reduce volatility.