Strategy (MSTR), the bitcoin (BTC) treasury company that has sold tranches of preferred stock to raise money to buy more of the largest cryptocurrency, increased the dividend on its STRC offering to attract more investors and push the price toward its $100 target.

The Tysons Corner, Virginia-based company increased the payout by 1 percentage point to an annualized 10%, Executive Chairman Michael Saylor said in a Tuesday post on X. Reflecting the increase, the monthly dividend for September will be $0.8333 per share.

In addition, the company said it bought another 4,048 BTC, bringing its total holdings to 636,505 BTC.

Since its July 30 debut, STRC has risen about 8% and is trading near $97, just below its $100 target price. Once STRC reaches that level, it achieves Strategy’s par value target, reinforcing the price stability central to its design as a high-yield, low-volatility investment. The effective yield — the dividend divided by STRC's market price — is currently 10.3%.

The payout is underpinned by a 5-to-1 bitcoin overcollateralization: For every $1 of dividend promised on an STRC share, there is roughly $5 worth of bitcoin held in reserve to back it.

The $100 price target is crucial to Strategy's at-the-money (ATM) issuance program. If STRC trades below that level, the company cannot issue more shares through the ATM to bulk up its bitcoin holdings.

The company also declared quarterly cash dividends of $3.0556 per share for STRD, $2.50 per share for STRF, $2.00 per share for STRK. All dividends are payable on Sept. 30 to shareholders of record as of Sept. 15.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。