Strategy, a leading publicly traded bitcoin holder, has retained its 11.5% dividend rate for May on its Stretch perpetual preferred stock, marking the third consecutive month at this rate. The April volume-weighted average price of $99.76 was sufficiently close to the $100 par value to justify maintaining the current dividend rate. 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 stock price near its $100 par value. Strategy positions STRC 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 anticipated next week based on historical trends. Meanwhile, Strategy's common stock has shown signs of recovery, closing April at $165, a 33% increase and its first positive month in nine. The stock had previously fallen 75% over eight consecutive losing months from August 2025 to March 2026. Bitcoin also saw a 12% increase in April, its best monthly performance since April 2025.
Furthermore, Strategy is exploring the possibility of switching to semi-monthly dividend payments for STRC to reduce volatility further.