Strategy, the largest publicly traded holder of bitcoin, has maintained its 11.5% dividend rate for May on its perpetual preferred stock, STRC. This marks the third consecutive month at the same dividend rate.
The volume-weighted average price for April was $99.76, close enough to its $100 par value to keep the rate unchanged. 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 $100. STRC is marketed as a short-term, high-yield savings alternative with monthly cash distributions.
Currently trading at $99.75, STRC has been 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, MSTR common stock is recovering.
Bitcoin also saw a 12% rise in April, its best monthly performance since April 2025. Additionally, Strategy is considering shifting to semi-monthly dividend payments for STRC to further reduce volatility.