Strategy, the world’s largest publicly traded Bitcoin holder, has maintained an 11.5% dividend on its perennial favorite, Stretch (STRC). This is the first time the product has not seen a dividend increase since the product was launched in July 2025.
STRC debuted in July 2025 with a 9% dividend and has since gone through seven dividend increases. The company was able to maintain the current price after the volume weighted average price (VWAP) for the month reached $99.95, keeping the shares close enough to their $100 par value.
Strategy positions STRC as a short-term savings alternative with high returns. The perpetual preferred stock pays monthly cash distributions, with the dividend rate adjusted each month to support trading near par and limit price volatility.
During Tuesday’s session, STRC held close to par for most of the day. The company is estimated to have bought over 1,000 BTC and it took 12 days for STRC to return to par after the ex-dividend date. It is likely that shares will continue to trade close to par over the next two weeks, until the April 14 ex-dividend date.
Meanwhile, Strive (ASST), the bitcoin treasury asset manager, saw its own perennial favorite, SATA, hit $100 par for the first time. This allowed the company to issue shares through its at-the-market (ATM) program to fund additional bitcoin purchases. SATA currently offers a dividend yield of 12.7%.
