Strategy, the largest publicly traded bitcoin holder, has kept the dividend rate for its perpetual preferred stock, STRC, at 11.5% for 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 maintaining the rate.
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 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 expected soon 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.
After falling 75% across 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.
Furthermore, Strategy is considering switching to semi-monthly dividend payments for STRC to reduce volatility further.