Strategy has kept its STRC preferred stock dividend rate unchanged at 11.5% for the fourth consecutive month, after the stock's monthly volume-weighted average price hit $99.62 — close enough to the $100 par value target to justify holding the rate steady. STRC has seen seven dividend increases since its July 2025 launch at a 9% rate, making this month's hold a sign of deliberate yield management rather than stagnation.
Maintaining STRC near par is central to Strategy's capital engine: a stable price allows the company to efficiently issue new shares through its at-the-market program, with proceeds flowing into bitcoin purchases and debt management — including a recent paydown of its 2029 convertible notes. The stock dipped as low as $97.11 before recovering to around $99.10, and the next ex-dividend date is June 15.
Executive Chairman Michael Saylor posted his customary Sunday message — "Working Better" — as investor attention sharpens on whether Strategy will eventually need to sell bitcoin to meet obligations, or continue funding distributions and acquisitions through fresh securities issuance.
CoinDesk