News: Strategy has decided to hold the dividend on its STRC perpetual preferred stock at 11.5% for April 2026, ending a seven-month period of consecutive increases. The decision was made after STRC’s 30-day volume-weighted average price remained near $99.95, close to its $100 par value. Strategy adjusts the dividend monthly to maintain trading near par and reduce price volatility. As of March 29, 2026, the company held approximately 762,099 Bitcoin, acquired for around $57.69 billion (an average purchase price of $75,694 per Bitcoin), and $2.25 billion in USD reserves. Strategy did not sell shares under its at-the-market offering program or purchase Bitcoin between March 23 and March 29, 2026.
AI Analysis: The dividend hold indicates the company’s mechanism for stabilizing STRC’s price around $100 is functioning as intended. Maintaining a stable price is crucial for Strategy’s broader capital strategy and future fundraising efforts through ATM offerings.
