Strategy, the largest publicly traded bitcoin holder, has maintained 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 of $99.76 in April justified keeping 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 maintain the price near its $100 par value. Strategy positions STRC as a short-duration, 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, this marks a significant turnaround. Bitcoin also saw a 12% rise in April, its best monthly performance since April 2025. Additionally, Strategy is considering switching to semi-monthly dividend payments for STRC to further reduce volatility, moving away from its current monthly distribution structure.