Strategy, a leading publicly traded bitcoin holder, has retained its 11.5% dividend rate for May on its perpetual preferred stock, Stretch. This decision marks the third consecutive month that the dividend rate has remained unchanged. The volume-weighted average price of $99.76 in April was close enough to the $100 par value to justify maintaining the current rate.
Since its listing in July 2025 with a 9% dividend, STRC has experienced a series of increases as the company strives to minimize volatility and keep the price anchored near its $100 par value. Strategy positions STRC as a short-duration, high-yield savings alternative, offering monthly cash distributions.
Currently, STRC is trading at $99.75 and 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, which represents a 33% increase and its first positive month in nine.
Prior to this, the stock had 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 potential shift to semi-monthly dividend payments for STRC, aiming to reduce volatility by moving away from its current monthly distribution structure.