Strategy (MSTR), the largest publicly traded Bitcoin Holder, its perpetual preferred stock, Stretch (STRC), maintained its dividend yield at 11.5% in May, marking the third consecutive month that the dividend rate has been maintained.
The April volume-weighted average price (VWAP) was $99.76, close enough to the $100 par value to justify keeping rates on hold.
STRC shares have seen a series of gains since going public in July 2025, and the dividend yields 9%, as the company aims to reduce volatility and stabilize the price around its $100 face value.
Strategies consider STRCs as a short-term, high-yielding savings alternative that pays monthly cash distributions.
STRC is currently trading at $99.75, which has been below average since April 15. Based on historical patterns, STRC is expected to return to $100 next week.
MSTR common stock also showed signs of recovery, closing at $165 in April, up 33%, its first gain in nine months.
According to TradingView data, the stock fell for eight consecutive months from August 2025 to March 2026, losing 75%.
Bitcoin also gained 12% in April, its best monthly performance since April 2025.
Additionally, Strategy is considering switching STRC to a semi-monthly payout, abandoning the current monthly distribution structure to further reduce volatility.
Read more: Why Michael Saylor’s strategy dictates STRC pay dividends every two months