Strategy, a leading publicly traded bitcoin holder, has maintained its 11.5% dividend rate for the month of May on its Stretch (STRC) perpetual preferred stock. This marks the third consecutive month that the dividend rate has remained unchanged. The volume-weighted average price (VWAP) of $99.76 in April was sufficient to keep the dividend rate steady.
Since its listing in July 2025 with a 9% dividend, STRC has experienced a series of increases as the company aims to minimize volatility and keep the price near its $100 par value. Strategy positions STRC as a short-term, high-yield savings alternative that provides monthly cash distributions. Currently, STRC is trading at $99.75 and has been below par since April 15. However, based on historical patterns, it is expected to return to $100 next week.
Meanwhile, MSTR common stock has shown signs of recovery, closing April at $165, which represents a 33% increase and its first positive month in nine. Prior to this, the stock had fallen by 75% over eight consecutive losing months from August 2025 to March 2026, according to TradingView data. Bitcoin also experienced a 12% increase in April, its best monthly performance since April 2025. Additionally, Strategy is exploring the possibility of shifting to semi-monthly dividend payments for STRC, moving away from its current monthly distribution structure in an effort to further reduce volatility.