Strategy, a leading publicly traded bitcoin holder, has retained an 11.5% dividend rate for May on its perpetual preferred stock STRC. This marks the third consecutive month at the same dividend rate.

The volume-weighted average price of $99.76 in April was sufficiently close to its $100 par value to warrant maintaining the rate. Since its listing in July 2025 with a 9% dividend, STRC has experienced several increases as the company strives to minimize volatility and keep 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 a return to $100 is anticipated next week based on historical patterns.

Meanwhile, MSTR common stock has shown signs of recovery, closing April at $165, up 33%, its first positive month in nine. The stock had previously fallen 75% over eight consecutive losing months from August 2025 to March 2026. Bitcoin also saw a 12% increase in April, its best monthly performance since April 2025.

Furthermore, Strategy is considering a transition to semi-monthly dividend payments for STRC to reduce volatility further.