The article discusses microstrategy's preferred stock (strc) and its dividend, which indirectly relates to btc as microstrategy is a large corporate holder of btc. however, the direct news is about the preferred stock's stability and dividend, not a significant event for btc itself.
The article's primary focus is on the stability of microstrategy's preferred stock (strc) and its dividend. while microstrategy holds a significant amount of bitcoin, this specific news doesn't provide a direct catalyst for a significant price movement in bitcoin itself.
The news concerns a monthly dividend and stock performance over a short period, impacting immediate market sentiment for strc, but not likely causing a long-term shift in btc's price trajectory.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy holds STRC dividend at 11.5% for fourth straight month The preferred stock remains near its $100 par value as the company balances yield stability, ATM issuance capacity, and its bitcoin acquisition strategy. By James Van Straten | Edited by Jamie Crawley Jun 1, 2026, 10:37 a.m. 2 min read Make preferred on What to know : STRC's dividend rate remained unchanged at 11.5% after the stock's monthly VWAP reached $99.62, allowing Strategy to keep shares trading close to their $100 target par value. Maintaining STRC near par is critical to Strategy's ability to issue shares through its ATM program, generating capital for bitcoin purchases, debt management, and other corporate financing needs. Disclosure: The author of this story owns shares in Strategy (MSTR). Strategy, the world's largest publicly traded corporate holder of bitcoin BTC $ 73,038.00 , has maintained the 11.5% dividend rate on its perpetual preferred stock, Stretch (STRC), marking the fourth consecutive month without an increase. STRC has undergone seven dividend increases since its introduction in July 2025 with a 9% dividend rate. Strategy was able to hold the current rate this month after the stock's volume-weighted average price (VWAP) reached $99.62, keeping shares close enough to their $100 par value, a key objective of the product's design. Strategy markets STRC as a short-duration, high-yield savings alternative. The perpetual preferred stock pays monthly cash distributions, with the dividend rate reset each month to encourage trading near par value and minimize price volatility. Although STRC has not traded at its $100 par value since May 14, STRC recently rebounded after falling as low as $97.11 on Thursday, recovering to around $99.10. The next ex-dividend date, the cutoff at which investors must own shares to receive the upcoming dividend payment, is June 15. Similar to trading patterns observed in May, STRC could briefly return to par in the days leading up to the ex-dividend date. Maintaining a stable price near $100 is important for Strategy because it allows the company to efficiently issue additional shares through its at-the-market (ATM) program. Proceeds can be used to purchase more bitcoin or address corporate liabilities, including debt obligations such as its recently paid down some of its 2029 convertible notes . Meanwhile, Executive Chairman Michael Saylor continued his customary Sunday social media posts , writing "Working Better." The message comes amid growing investor focus on whether Strategy may eventually sell bitcoin to meet debt or dividend obligations, or whether it will continue using capital raised through its securities offerings to expand its bitcoin holdings. Bitcoin News MicroStrategy More For You Bitcoin, ether start June in the red while futures show taste for risk. XLM, HYPE gain By Sheldon Reback , Shaurya Malwa , Saksham Diwan | Edited by Sheldon Reback 34 minutes ago Bitcoin and ether fell Monday after dropping in May, a month that usually sees them post positive returns. U.S. equity index futures rose. What to know : Crypto markets opened June lower as tensions between the U.S. and Iran weighed on sentiment. Following spot bitcoin ETFs' record 10 straight days of net outflows totaling $2.97 billion, derivatives data show mildly bullish positioning and steady open interest, suggesting institutional risk appetite is stabilizing. Stellar’s XLM surged more than... Read full story Latest Crypto News Bitcoin, ether start June in the red while futures show taste for risk. XLM, HYPE gain 34 minutes ago Bitcoin and software stocks are breaking up — and history says a major crypto move is coming 35 minutes ago U.S. Congress returns as GENIUS comments periods close, jobs report: Crypto Week Ahead 1 hour ago Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030 3 hours ago Whitehat developer unlocks $2 million stuck in a 2016 Ethereum ICO contract for nine years 3 hours ago XRP drops to $1.32 as sellers overpower exchange outflows 4 hours ago Top Stories Bitcoin extends slide as spot ETF outflows hit a record while Wall Street rips on AI 5 hours ago A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor 14 hours ago Aave overhauls listing standards after $230 million rsETH exploit exposed bridge risks 5 hours ago Three Sui mainnet halts in 48 hours traced to an upgrade bug by developers 4 hours ago How the House Financial Services Committee is taking on tokenization: State of Crypto 16 hours ago How Stellar became part of DTCC's tokenization push for Wall Street securities onchain 17 hours ago In this article BTC BTC $ 73,038.00 ◢ 1.01 %