Strategy chairman Michael Saylor said in a social media post on Sunday that the largest Bitcoin treasury company is raising the dividend on its STRC preferred stock, also known as “Stretch,” to 11.50% for March 2026, from the previous 11.25%.
STRC is perpetual, meaning the company is not obligated to buy back the stock at any specified date, and features a variable yield that changes monthly.
A Friday update on the company’s website confirmed Saylor’s post. “STRC’s dividend rate is adjusted monthly to encourage trading around STRC’s $100 par value and to help strip away price volatility,” according to the website.
The dividend is also paid monthly. with the next payout date on March 31, to shareholders of record In February, Strategy CEO Phong Le said the company is pivoting away from issuing common stock to fund its BTC purchases and toward issuing more preferred shares.
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