Strategy, a leading publicly traded bitcoin holder, has announced that it will maintain the 11.5% dividend rate for its perpetual preferred stock, STRC, for May. This marks the third consecutive month that the dividend rate has remained unchanged. The volume-weighted average price of $99.76 for April was close enough to the $100 par value to justify keeping the rate steady.
Since its listing in July 2025 with a 9% dividend, STRC has experienced a series of increases as the company aims to minimize volatility and keep the price stable near its $100 par value. Strategy positions STRC as a short-term, high-yield savings alternative, offering monthly cash distributions. Currently, STRC is trading at $99.75 and has remained below par since April 15, but based on historical trends, a return to $100 is anticipated next week. Meanwhile, MSTR's 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% across 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.
Additionally, Strategy is exploring the possibility of switching to semi-monthly dividend payments for STRC to further reduce volatility, moving away from its current monthly distribution structure.