MicroStrategy Pauses STRC Dividend Hikes for First Time Since Launch

MicroStrategy (formerly Strategy) has paused its monthly increases to the dividend rate of its Stretch (STRC) preferred share, holding it steady at 11.5% for April 2026. This marks the first time since the share's launch last July that the dividend has not been raised. The dividend began at 9% and increased each month, reaching 11.5% in March. This pause coincides with MicroStrategy halting its Bitcoin (BTC) purchases after a 13-week buying streak, while holding 762,099 BTC with unrealized losses exceeding $5.5 billion. The company recently launched a $42 billion fundraising program split between common stock and STRC, and retail investors now hold approximately 80% of STRC, seeking yield-bearing Bitcoin exposure. The firm intends to shift towards preferred capital throughout 2026, and the next dividend rate announcement is expected at the end of April.

(Source：BeInCrypto)