Strategy (mstr), a major bitcoin holder, increased the dividend on its preferred stock (strc) in response to strc trading below par and bitcoin briefly dipping below mstr's average cost basis before rebounding. this reflects mstr's financial management around its significant btc holdings and btc's recent volatility and resilience.
Information directly from coindesk, a reputable crypto news source, quoting strategy's executive chairman michael saylor.
While bitcoin briefly dipped below $76,000, pushing strategy's cost basis underwater, the article explicitly states btc 'has since rebounded and was recently trading near $78,000,' indicating a strong recovery from the dip.
The article describes a recent and immediate dip and rebound in bitcoin's price, and strategy's dividend adjustment is an immediate corporate response to current market conditions.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy raises STRC dividend as the preferred stock's price drifts below par The dividend increase follows renewed pressure on STRC, which has been trading below its $100 par value. By James Van Straten | Edited by Sheldon Reback Feb 1, 2026, 11:42 a.m. Make us preferred on Google Strategy Executive Chaiman Michael Saylor (Gage Skidmore / CC BY-SA 2.0 / Modified by CoinDesk) What to know : Strategy increased the February dividend on its perpetual preferred stock Stretch (STRC) by 25 basis points to 11.25%. The move comes as STRC trades below par at $98.99 and bitcoin dipped below Strategy’s cost basis before rebounding. Michael Saylor, executive chairman of Strategy (MSTR), said the largest public traded holder of bitcoin BTC $ 78,748.36 increased the dividend rate on its preferred stock, Stretch (STRC), by 25 basis points to 11.25% for February. Strategy describes Stretch (STRC) as a short-duration, high-yield savings account. The increase is the sixth since STRC first traded in July 2025. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . STRC is a perpetual preferred stock that pays monthly cash distributions, with the dividend rate set each month to encourage trading near its $100 par value and to limit price volatility. STRC closed at $98.99 on Friday, slightly below par. Strategy has raised $2.25 billion in reserves to fund dividend obligations on its perpetual preferred offerings, which total approximately $887 million annually, according to the company’s dashboard . The announcement on X comes after bitcoin slid below $76,000 on Saturday, briefly pushing Strategy’s average bitcoin cost basis underwater. The largest cryptocurrency has since rebounded and was recently trading near $78,000. Bitcoin News Strategy Michael Saylor In this article BTC BTC $ 78,748.36 ◢ 5.05 %