Strategy, the largest publicly traded holder of bitcoin, has announced that it will maintain the 11.5% dividend rate for its perpetual preferred stock, STRC, for the third consecutive month. This decision comes as the volume-weighted average price for April was $99.76, which is sufficiently close to the $100 par value to warrant no change in the dividend rate. Since its listing in July 2025 with a 9% dividend, STRC has experienced a series of increases, aiming to minimize volatility and keep the price stable near its 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, it is expected to return to $100 next week.
Meanwhile, MSTR's common stock has shown signs of recovery, closing April at $165, marking a 33% increase and its first positive month in nine. Prior to this, the stock had fallen by 75% over eight consecutive months from August 2025 to March 2026, according to data from TradingView. Bitcoin also experienced a 12% increase in April, its best monthly performance since April 2025.
Moreover, Strategy is considering a shift from monthly to semi-monthly dividend payments for STRC to further reduce volatility.