Strategy, the largest publicly traded bitcoin holder, has announced that its perpetual preferred stock, STRC, will maintain an 11.5% dividend rate for May, marking the third consecutive month at this rate. The volume-weighted average price of $99.76 in April was sufficient to keep the dividend rate unchanged. 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. STRC is marketed 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 trends. Meanwhile, MSTR common stock has shown signs of recovery, with a 33% increase in April, its first positive month in nine. After eight consecutive losing months, the stock fell 75% from August 2025 to March 2026, according to TradingView data.
Bitcoin also saw a 12% rise 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.