MicroStrategy Holds STRC Dividend Rate Steady for Fourth Month

MicroStrategy has maintained the 11.5% dividend rate on its perpetual preferred stock, Stretch (STRC), for the fourth consecutive month. The company's ability to keep shares trading near their $100 par value is crucial for issuing additional shares through its at-the-market program.

This program enables Strategy to generate capital for bitcoin purchases and debt management. STRC has undergone seven dividend increases since its introduction in July 2025 with a 9% dividend rate. The perpetual preferred stock pays monthly cash distributions, with the dividend rate reset each month to encourage trading near par value and minimize price volatility.

STRC recently rebounded after falling as low as $97.11 on Thursday, recovering to around $99.10. Maintaining a stable price near $100 is important for Strategy because it allows the company to efficiently issue additional shares. Proceeds can be used to purchase more bitcoin or address corporate liabilities.