Strategy, the largest publicly traded holder of bitcoin, has announced that it will maintain the 11.5% dividend rate for its perpetual preferred stock, STRC, for the month of May. This marks the third consecutive month that the dividend rate has remained unchanged. The volume-weighted average price of $99.76 for April was close enough to the $100 par value to justify keeping the dividend rate steady.
Since its listing in July 2025, STRC has seen several increases, starting with a 9% dividend, as the company aims to minimize volatility and keep the price stable near its $100 par value. STRC is marketed by Strategy as a short-term, high-yield savings alternative, offering monthly cash distributions.
Currently, STRC is trading at $99.75 and has remained below par since April 15. However, based on historical trends, it is expected to return to $100 next week.
MSTR common stock has also shown signs of improvement, ending 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 data from TradingView.
Meanwhile, bitcoin saw a 12% increase in April, its best monthly performance since April 2025. Additionally, Strategy is considering shifting to semi-monthly dividend payments for STRC, moving away from its current monthly distribution structure to further reduce volatility.