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Strategy has proposed a revised schedule for dividend payments on STRC shares., 2026/04/18 10:17:05
The company Strategy, a leading corporate holder of bitcoins, intends to revise the dividend payout schedule for its preferred shares of the Variable Rate Series A Perpetual Stretch (STRC). Should shareholders approve this initiative, dividends will be distributed bi-monthly instead of monthly.
The firm believes that this change will facilitate faster reinvestment, enhance liquidity, and reduce the price volatility of STRC. Previously, Strategy expressed its goal to boost demand for preferred shares in order to allocate the raised funds towards bitcoin purchases.
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The annual shareholders’ meeting, where this proposal will be discussed, is set for June 8. If approved, the first record date under the new schedule will be June 30, with the initial payout anticipated on July 15.
STRC represents perpetual preferred shares that trade close to the par value of $100 and feature a variable dividend. The current annual rate stands at 11.5%. This rate is reviewed monthly to maintain the price near the nominal level and to minimize the volatility of the security.
Strategy has also issued other series of preferred shares — STRF (Strife), STRE (Stream), STRK (Strike), and STRD (Stride) — which take precedence over the common shares of MSTR. Unlike STRC, these have a fixed dividend rate.
Last week, the trading volume of STRC reached $1.1 billion, approximately 50% higher than the previous peak.
According to Investing, following the announcement regarding the change in dividend policy, MSTR shares rose nearly 12% to $166.52. Over the month, the increase was 29.45%, and the average daily trading volume has more than doubled in the past three months.
From April 6 to April 12, Strategy acquired 13,927 BTC for $1 billion at an average price of $71,902 per coin. After this transaction, the company’s total holdings in the leading cryptocurrency reached 780,897 BTC.
