Strategy Keeps STRC Dividend at 11.5% for Fourth Consecutive Month

Strategy has maintained the dividend rate on its Stretch (STRC) perpetual preferred stock at 11.5% for the fourth straight month. The decision follows the stock’s volume weighted average price (VWAP) reaching $99.62, allowing the company to keep the shares trading close to their target par value of $100.

STRC was launched in July 2025 with a 9% dividend rate and has undergone seven dividend increases since then. The preferred stock is designed to provide investors with monthly cash distributions while keeping price volatility relatively low through a monthly dividend reset mechanism.

Why the $100 Share Price Matters

Keeping STRC close to its $100 par value is a key part of Strategy’s financing strategy. Although the stock has not traded at par since May 14 and recently fell to $97.11, it recovered to around $99.10.

A stable share price enables Strategy to efficiently raise capital through its at-the-market (ATM) share issuance program. The funds generated can be used for multiple purposes, including acquiring more Bitcoin, supporting business operations, and managing existing debt obligations.

Bitcoin Strategy Remains in Focus

Investor attention remains centered on whether Strategy will continue expanding its Bitcoin holdings or eventually sell some assets to meet future debt and dividend commitments.

Chairman Michael Saylor added to speculation with his latest X post, writing “Working Better,”The comment comes as investors closely monitor whether Strategy will continue expanding its Bitcoin holdings through capital markets activity or eventually use part of its reserves to meet future financial obligations.