Strategy Increases STRC Preferred Stock Monthly Dividend to 11.5% in March 2026
STRC's dividend receives a 25-basis-point monthly increase as cryptocurrency markets experience significant decline and economic conditions remain uncertain.
In a social media announcement posted on Sunday, Strategy chairman Michael Saylor revealed that the company, which holds the largest Bitcoin (BTC) treasury among corporations, will increase the dividend rate on its preferred stock STRC, commonly referred to as "Stretch," from 11.25% to 11.50% for March 2026.
The STRC preferred stock is structured as perpetual, which means Strategy has no requirement to repurchase the shares on any predetermined date, and it comes with a yield that varies on a monthly basis.
Saylor's announcement was corroborated by an update posted on the company's official website on Friday. According to the website, "STRC's dividend rate is adjusted monthly to encourage trading around STRC's $100 par value and to help strip away price volatility." The dividend distribution also occurs monthly, with the upcoming payment scheduled for March 31, designated for shareholders of record.
During February, Strategy CEO Phong Le announced that the company is shifting its funding strategy for Bitcoin acquisitions, moving away from common stock issuance and toward greater reliance on preferred share offerings.
"Last year, a stretch and our perpetual preferreds raised $7 billion. That's 33% of the entire preferred market," Le said.
"As we go throughout the course of this year, we expect structure to be a big product for us," he said, adding, "We will start to transition from equity capital to preferred capital."
Notably, the company has maintained its Bitcoin accumulation strategy even as the market experiences a significant downturn that has reduced Bitcoin's price by nearly half since October and negatively impacted the stock valuations of companies holding digital asset treasuries.
Since the beginning of the year, BTC has experienced a 23.2% decline in value, while shares of the Bitwise Bitcoin Standard Corporations ETF (OWNB) have dropped 16.1%. This exchange-traded fund offers investors exposure to publicly traded companies that maintain substantial Bitcoin holdings on their corporate balance sheets.
Strategy records $12.4 billion loss in Q4 2025
In early February, Strategy disclosed a net loss totaling $12.4 billion for the fourth quarter of 2025, a revelation that prompted investors to sell off shares, driving the company's stock price down 13% to approximately $107 per share.
Although quarterly revenue showed a 1.9% year-over-year increase to approximately $123 million, the company's share price has continued to decline precipitously.
Strategy's (MSTR) common stock reached an intraday peak of $543 per share in November 2024, but subsequently fell to below $300 in February 2025.
Since reaching its peak in November 2024, the company's stock has declined approximately 75%, with shares closing at $129.50 on Friday.
Currently, BTC is trading significantly below Strategy's average acquisition cost of $76,020 per Bitcoin, based on company data.
Strategy's most recent Bitcoin purchase occurred during the week of Feb. 16, when the company acquired 592 BTC, with a total value exceeding $39.8 million, increasing its aggregate holdings to 717,722 BTC, and representing its 100th BTC acquisition.