Strategy, the company best known for its massive bitcoin holdings, has raised the dividend on its preferred stock Stretch (STRC) as the security continues to trade slightly below par value. Executive chairman Michael Saylor announced the move on social media.
The firm increased the STRC dividend rate by 25 basis points to 11.25% for February. This marks the sixth dividend hike since the preferred stock began trading in July 2025.
Strategy describes STRC as a short-duration, high-yield savings-style instrument that pays monthly cash distributions.
STRC is structured to trade close to its $100 par value, with the dividend adjusted monthly to manage volatility. Despite this, the stock recently closed at $98.99. Strategy has already raised $2.25 billion in reserves to support dividend payments across its preferred offerings.
The announcement came as bitcoin briefly dipped below $76,000, pushing Strategy’s average purchase price underwater before prices rebounded near $78,000. The firm remains committed to its long-term bitcoin-focused capital strategy.
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