Strategy, a leading publicly traded bitcoin holder, has announced that it will maintain the 11.5% dividend rate for its Stretch (STRC) perpetual preferred stock in May, marking 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 justify keeping the dividend 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 stock price near its par value.
Strategy positions STRC as a short-term, high-yield savings alternative, 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, closing April at $165, a 33% increase and its first positive month in nine.
After a 75% decline over eight consecutive losing months from August 2025 to March 2026, the stock is rebounding. Bitcoin also saw a 12% increase in April, its best monthly performance since April 2025. Additionally, Strategy is exploring the possibility of shifting to semi-monthly dividend payments for STRC to further reduce volatility.