Leading Bitcoin Treasury company Strategy has again increased the dividend on its preferred series STRC (“Stretch”).
Led by Executive Chairman Michael Saylor, the company increased the annualized payout by 25 basis points to 11.5%.
While STRC has so far performed as the company hoped – continuing to trade in a tight range near $100 – Strategy’s common stock, MSTR, has floundered alongside the price of Bitcoin.
MSTR closed February with its eighth consecutive monthly decline, falling 14% as bitcoin fell nearly 20%.
Stretch is for stable income
The strategy describes the STRC as a short-term, high-yielding savings account. This latest dividend increase is the seventh since STRC began operations 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 limit price volatility. STRC closed at $100 on Friday, but traded slightly below that level for part of the crypto’s brutal February, necessitating increased payments.
