Strategy lifts STRC dividend to 11.5% as MSTR extends monthly losing streak to 8
CoinDesk
Strategy raised the dividend on its STRC preferred stock to 11.5% while its common stock, MSTR, suffered its eighth straight monthly decline.Summary
Strategy, a company holding Bitcoin, has increased the annualized dividend on its STRC ("Stretch") preferred stock series by 25 basis points, bringing the payout to 11.5%. This adjustment is part of the mechanism designed to keep the perpetual preferred shares trading near their $100 par value, as the dividend rate is set monthly. While STRC has remained stable, Strategy's common stock (MSTR) has struggled, closing February with its eighth consecutive monthly loss, falling 14% amid a nearly 20% drop in Bitcoin's price. Strategy describes STRC as a high-yield savings account intended for steady income.
(Source：CoinDesk)