Strategy’s 11.5% dividend equity bounces back faster than historical average to unlock more bitcoin buying

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy’s 11.5% dividend equity bounces back faster than historical average to unlock more bitcoin buying Preferred shares recovered in nine days after their ex-dividend drop, enabling further bitcoin accumulation. By James Van Straten | Edited by Sheldon Reback Updated Mar 26, 2026, 7:26 p.m. Published Mar 26, 2026, 7:17 p.m. Make preferred on What to know : STRC, the perpetual preferred equity used by Strategy to fund bitcoin purchases, returned to its $100 par value nine trading days after going ex-dividend on March 13 The rebound is slightly faster than its typical 10-day recovery period. The return to par gives Strategy the freedom to issue more of the stock through its at-the-market program, raising funds to buy more bitcoin. Stretch (STRC), the perpetual preferred equity issued by Strategy (MSTR), the world’s largest corporate holder of bitcoin, reclaimed its $100 par value during Thursday’s trading session, giving the company the leeway to raise funds to add to its stash of the largest cryptocurrency. The recovery took nine trading days following the March 13 ex-dividend date, when buyers of the stock no longer qualify for the next payout. Prices of ex-dividend stocks typically drop to reflect the cash being distributed to the previous shareholders. At its core, STRC works by adjusting yield to steer price. If shares trade above $100, the company can trim the dividend to cool demand. If shares fall below that level, it can raise dividends to attract buyers. Keeping the price anchored lets the firm issue new shares near par, bringing in capital that is then deployed to buy bitcoin. The return to par, this time, was slightly faster than the historical average of around 10 trading days for STRC, according to STRC.live . STRC functions as a short-duration, high-yield credit instrument, offering an 11.5% annual dividend paid monthly. This structure helps incentivise trading near its $100 par value, enabling the company to utilise at-the-market (ATM) share issuance to raise capital for additional bitcoin acquisitions. In comparison, SATA, the equivalent tool issued by bitcoin treasury company Strive (ASST), offers a higher 12.75% dividend. Currently priced at $99.25, it is also approaching par value. Strategy bought 1,031 bitcoin last week for a total cost of $76.6 million, or $74,326 per coin. However, the magnitude of that buy was far lower than that of recent acquisitions, and STRC wasn't at par during last week's bitcoin purchase. The firm's holdings now stand at 762,099 bitcoin, bought for approximately $57.69 billion, at an average price of $75,694 per bitcoin. Read more: Michael Saylor’s Strategy dominates DAT bitcoin buying as treasury demand collapses Bitcoin News MicroStrategy More For You Bitcoin slips below $69,000 as oil rebounds on fading Middle East peace hopes By Krisztian Sandor , James Van Straten | Edited by Stephen Alpher 2 hours ago Crypto prices and risk assets remain at the mercy of macro headlines for now, one analyst said. What to know : Bitcoin slipped more than 3% Thursday with ETH, XRP, SOL, ADA losing 4%-5% as fading hopes of Middle East de-escalation weighed on risk sentiment. Rising crude oil prices remain in the spotlight as macro headlines drive markets for now, an analyst warns. Crypto stocks COIN, CRCL, and MSTR were down... Read full story Latest Crypto News Why big banks are snubbing open ledgers to build their own private blockchains 2 hours ago Bitcoin slips below $69,000 as oil rebounds on fading Middle East peace hopes 2 hours ago Bitcoin holds ground as gold, silver slide on ETF outflows and liquidity strains: JPMorgan 3 hours ago The NYSE wants to bring blockchain to Wall Street without breaking the existing system 3 hours ago Crypto for Advisors: The evolution of stablecoins 4 hours ago The privacy paradox: regulating zero-knowledge finance in the EU and beyond 4 hours ago Top Stories Coinbase, Fannie Mae bring crypto-backed mortgages to homebuyers 7 hours ago Market structure bill compromise draws wide-ranging reaction from fractured crypto crowd 20 hours ago Bitcoin has traded in a tight range for nearly 50 days – but this is not a "bear flag" 9 hours ago MARA Holdings higher by 10% after selling $1.1 billion in bitcoin to fund debt buyback 7 hours ago Crypto slides as oil spike, macro jitters trigger derivatives unwind 8 hours ago U.S. midterms pack major digital assets punch as Stand With Crypto preps strategy 7 hours ago