Strategy, the largest publicly traded bitcoin holder, has maintained its 11.5% dividend rate for May on its perpetual preferred stock, STRC, marking the third consecutive month at this rate. STRC's volume-weighted average price of $99.76 in April was close enough to its $100 par value to keep the dividend rate unchanged. Since its listing in July 2025 with a 9% dividend, STRC has seen 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 savings alternative, offering monthly cash distributions. Currently trading at $99.75, STRC has been below par since April 15, but historical patterns suggest it may return to $100 next week. MSTR common stock has also shown signs of recovery, closing April at $165, up 33%, its first positive month in nine. The stock had previously fallen 75% across eight consecutive losing months from August 2025 to March 2026, according to TradingView data.
Bitcoin also saw a 12% increase in April, its best monthly performance since April 2025. Furthermore, Strategy is considering shifting to semi-monthly dividend payments for STRC to reduce volatility, moving away from its current monthly distribution structure.