Strategy, the world’s largest corporate Bitcoin treasury, announced an increase in the dividend for its STRC perpetual preferred stock to 11.50% for March 2026. The move follows a company pivot toward raising capital through preferred shares rather than common equity. This comes amid a significant downturn in both Bitcoin’s price and the stock value of companies holding the cryptocurrency, with Strategy reporting a $12.4 billion net loss for Q4 2025.
Strategy Chairman Michael Saylor announced the company is raising the dividend on its STRC preferred stock to 11.50% for March 2026. The STRC stock is perpetual and features a variable yield that adjusts monthly.
A Friday update on the company’s website confirmed Saylor’s post. The site states the rate is adjusted monthly to encourage trading around the stock’s $100 par value and to help strip away price volatility.
In February, Strategy CEO Phong Le said the firm is pivoting away from issuing common stock to fund its Bitcoin purchases. The company will instead issue more preferred capital.
“Last year, a stretch and our perpetual preferreds raised $7 billion. That’s 33% of the entire preferred market,” Le stated. He added that the company expects the structure to be a major product this year.
The company continues to accumulate Bitcoin despite a market drawdown that has nearly halved its price since October. In the year to date, BTC has lost 23.2% of its value.
Strategy reported a net loss of $12.4 billion for the fourth quarter of 2025. This led investors to push the company’s share price down by 13% to about $107 per share.
The company’s stock has fallen by about 75% since a peak of $543 per share in November 2024. It closed a recent Friday at $129.50.
Bitcoin is trading below Strategy’s average purchase cost of $76,020 per coin. Data from the company shows this discrepancy.
The company last bought Bitcoin during the week of Feb. 16, purchasing 592 BTC for over $39.8 million. This brought its total holdings to 717,722 BTC and marked its 100th acquisition.
