Strategy, a leading publicly traded bitcoin holder, has announced that it will maintain the dividend rate for its perpetual preferred stock, STRC, at 11.5% for May. This marks the third consecutive month that the dividend rate has remained unchanged. The volume-weighted average price of STRC in April was $99.76, which is sufficiently close to its par value of $100 to justify keeping the dividend rate steady.
Since its listing in July 2025, STRC has experienced a series of dividend increases, starting from 9%, as part of the company's efforts to minimize volatility and keep the stock price stable near its par value. STRC is marketed as a short-term, high-yield savings alternative, offering monthly cash distributions. Currently, STRC is trading at $99.75 and has been below par since April 15, but based on historical trends, it is expected to return to its par value next week.
Meanwhile, MSTR's common stock has shown signs of recovery, with a 33% increase in April, marking its first positive month in nine months. After a decline of 75% over eight consecutive months from August 2025 to March 2026, the stock has begun to rebound. Bitcoin also saw a 12% increase in April, its best monthly performance since April 2025. Furthermore, Strategy is considering a change to semi-monthly dividend payments for STRC, aiming to reduce volatility by moving away from its current monthly distribution structure.