Bitcoin (BTC)’s largest treasury firm is raising the dividend on STRC preferred stock, also known as “Stretch,” to 11.50% in March 2026 from 11.25%, Chief Strategy Officer Michael Saylor said in a social media post on Sunday.
STRC is perpetual, meaning the company is not obligated to return the shares on any particular date, and has a variable yield that changes monthly.
An update Friday on the company’s website confirmed Saylor’s message. “STRC’s dividend rate is adjusted monthly to encourage trading around the $100 par value and to offset price volatility,” the website says. Dividend is also paid every month. with the next payment date of March 31 to shareholders of record
In February, Strategy Director Fong Le said that the company would abandon the issuance of common stock to finance the purchase of BTC and the issuance of preferred stock.
“Last year, our long-term and permanent preferences raised $7 billion. That’s 33% of the entire preferred market,” said Le.
“As we go through this year, we expect the structure to be a great product for us,” he said, adding, “We’re starting to transition from equity capital to preferred capital.”
Of course, the company continues to stockpile Bitcoin amid a bearish market that has nearly halved in Bitcoin prices since October and sent the digital asset holding company’s share prices down.
Year-to-date, BTC has lost 23.2% of its value, while the Bitwise Bitcoin Standard Corporations ETF (OWNB) share price is down 16.1%. This exchange-traded fund affects public companies that have large amounts of bitcoin on their balance sheets.
related to: The yield-packing strategy is listed in Europe as 21Shares STRC ETP
The strategy projects a loss of $12.4 billion in the 4th quarter of 2025
The strategy earlier in February reported a net loss of $12.4 billion for the fourth quarter of 2025, prompting investors to push the company’s stock price up 13% to around $107 a share.
Despite revenue rising 1.9% to nearly $123 million in the quarter, the company’s stock has been on a downward spiral.
Strategy ( MSTR ) stock briefly peaked at $543 per share during intraday trading in November 2024, before falling below $300 in February 2025.
The company’s shares have fallen nearly 75% from their November 2024 peak, closing at $129.50 a share on Friday.
According to the company, the price of BTC is much lower than the average purchase price of the Strategy of $76,020 per Bitcoin.
Strategy last bought BTC in the week of February 16, when the company bought 592 BTC worth more than $39.8 million, bringing its total holdings to 717,722 BTC and marking its 100th BTC purchase.
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