Strategy, the largest publicly traded bitcoin holder, has kept the dividend rate for its perpetual preferred stock, STRC, at 11.5% for May, marking the third month in a row with this rate. The April volume-weighted average price of $99.76 was close enough to the $100 par value to warrant no change in the rate. Since its listing in July 2025 with a 9% dividend, STRC has experienced several 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 alternative to traditional savings, offering monthly cash distributions. Currently trading at $99.75, STRC has been below par since April 15, but a return to $100 is anticipated soon based on historical trends. Meanwhile, MSTR common stock has shown signs of recovery, ending April at $165, a 33% increase and its first positive month in nine. Prior to this, the stock had 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 considering switching to semi-monthly dividend payments for STRC to reduce volatility further.