Strategy holds STRC dividend at 11.5% for fourth straight month

The preferred stock remains near its $100 par value as the company balances yield stability, ATM issuance capacity, and its bitcoin acquisition strategy. What to know : STRC's dividend rate remained unchanged at 11.5% after the stock's monthly VWAP reached $99.62, allowing Strategy to keep shares trading close to their $100 target par value. Maintaining STRC near par is critical to Strategy's ability to issue shares through its ATM program, generating capital for bitcoin purchases, debt management, and other corporate financing needs.(Coindesk)