Strategy, the largest publicly traded bitcoin holder, has kept its 11.5% dividend rate for May on its perpetual preferred stock, STRC, marking the third consecutive month at this rate. The volume-weighted average price for April was $99.76, close enough to its $100 par value to justify maintaining the rate.
Since its listing in July 2025 with a 9% dividend, STRC has seen several increases as the company aims to reduce 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 been 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, a 33% increase and its first positive month in nine. After falling 75% over 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. Additionally, Strategy is exploring a shift to semi-monthly dividend payments for STRC to further reduce volatility, moving away from its current monthly distribution structure.