Strategy Boosts STRC Yield to 11.5% to Attract Capital
Strategy is increasing the dividend on its STRC perpetual preferred stock to 11.50% for March 2026, a 25-basis-point raise from the previous 11.25%. The company announced the move as part of its monthly adjustment for the "Stretch" (STRC) shares, which are designed to trade around a $100 par value. The next dividend is scheduled for payment on March 31 to shareholders of record.
This dividend hike underscores a significant strategic pivot for the company. Strategy is moving away from issuing common stock to finance its aggressive Bitcoin accumulation and instead focusing on preferred shares. The company's perpetual preferreds, including STRC, raised $7 billion last year. CEO Phong Le confirmed this new direction in February.
We will start to transition from equity capital to preferred capital.
— Phong Le, CEO.
Firm Grapples With $12.4B Loss as MSTR Stock Falls 75%
The shift in capital strategy arrives as Strategy navigates severe financial headwinds. The company reported a net loss of $12.4 billion for the fourth quarter of 2025, which drove its common stock (MSTR) price down by 13% to about $107 per share after the news. Since its peak of $543 in November 2024, the company’s stock has collapsed by approximately 75%, closing on Friday at $129.50 a share.
These losses are directly tied to the performance of its primary asset, Bitcoin, which has lost 23.2% of its value year-to-date. The current market price of BTC is trading well below Strategy's average purchase cost of $76,020 per coin. Despite the paper losses, the company remains committed to its accumulation plan, purchasing another 592 BTC for $39.8 million during the week of February 16. This brought its total reserves to 717,722 BTC, marking its 100th Bitcoin acquisition.
