The strategy maintains a 12% dividend rate for STRC until August 2026.

Odaily Planet Daily reports: Michael Saylor, Executive Chairman of Strategy, confirmed that the Stretch Dividend Rate for the company’s Variable Rate Series A Perpetual Preferred Stock (STRC) will remain at 12.00% through August 2026. STRC was launched in July 2025 with an initial rate of 9%, and has been raised consecutively for seven months since then. The dividend adjustment mechanism for STRC increases the dividend by 0.5% whenever its trading price falls below $95, and once triggered, the increase is irreversible even if the price recovers. Strategy resets this rate monthly to drive STRC’s price toward its $100 par value and to issue new shares through its ATM program to raise funds for Bitcoin purchases. On July 31, STRC closed at $89.46, slightly below the previous close of $89.50, and approximately 10% to 11% below its $100 par value. The stock previously hit a low of $71.25 in June and has not returned to par since mid-May. Strategy has suspended issuing new STRC shares through its ATM program, limiting its ability to use this financing channel to increase its Bitcoin holdings. The company maintains a liquidity buffer sufficient to cover approximately 26 months of dividend and interest obligations and, in late June, authorized a $2 billion preferred and common stock repurchase and Bitcoin monetization program under its Digital Credit Capital Framework.