BackStrategy raises STRC dividend to 11.50% as Bitcoin drawdown continues

BackStrategy, formerly MicroStrategy, raised its STRC preferred stock dividend by 25 basis points for March 2026, citing continued pressure from Bitcoin’s drawdown. The STRC dividend rate is set monthly to keep shares trading near their $100 par value and limit price volatility.

Bitcoin’s decline has weighed on both MicroStrategy’s Class A shares, MSTR, and the company’s balance sheet. MSTR has fallen 14.77% year-to-date while Bitcoin itself is down nearly 24% over the same period, making STRC’s stability near $100 par stand in contrast to MSTR’s swings.

Executive Chairman Michael Saylor announced the 11.50% STRC dividend rate on X, up from 11.25% in February; the March increase is the seventh STRC dividend hike since the shares began trading in July 2025. CEO Phong Le said in February the company plans to shift toward preferred share issuance rather than common stock for Bitcoin purchases.

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