Leading bitcoin Treasury company Strategy has again raised the dividend on its STRC (“Stretch”) preferred series.
Led by Chairman Michael Saylor, the firm raised the annual payout by 25 basis points to 11.5%.
While STRC has performed as hoped by the company to this point—continuing to trade in a tight range near $100—Strategy’s common stock, MSTR, has fallen along with the price of bitcoin.
MSTR closed February with its eighth straight monthly decline, falling 14% as bitcoin tumbled nearly 20%.
Stretch is intended for a fixed income
Strategy describes STRC as a short-term savings account with high returns. This latest dividend increase marks the seventh since STRC began trading in July 2025.
A perpetual preferred stock that pays monthly cash distributions, the STRC dividend rate is set each month to help the shares trade close to their $100 par value and to limit price volatility. STRC closed at $100 on Friday, but had traded somewhat below that level for part of February’s brutal month for crypto, necessitating the payout boost.
