STRC Dividend Hike Aims to Attract Investors Chasing Income

Strategy (MSTR), the bitcoin treasury company, has increased the dividend on its STRC preferred stock to attract yield-focused investors and help move the price closer to its $100 target.

The Virginia-based firm raised the annualized payout by 1 percentage point to 10%, Executive Chairman Michael Saylor announced Tuesday on X, setting the September monthly dividend at $0.8333 per share.

In a parallel move, Strategy added 4,048 BTC to its holdings, bringing total reserves to 636,505 BTC.

Since its July 30 debut, STRC has gained roughly 8%, trading near $97, just below the $100 par value target. The effective yield is 10.3%, backed by a 5-to-1 bitcoin overcollateralization, meaning each $1 of promised dividend is supported by about $5 in BTC.

The $100 target is also critical for Strategy’s at-the-money (ATM) issuance program, which enables additional share sales to fund further bitcoin acquisitions.

Additionally, the company declared quarterly dividends for other preferred stock series: $3.0556 per share for STRD, $2.50 for STRF, and $2.00 for STRK, payable Sept. 30 to shareholders of record Sept. 15.