STRC Dividend Rate Increases as Saylor Advances Bitcoin Strategy
Michael Saylor, founder of Strategy, recently announced on X that the dividend rate for the company's perpetual preferred stock, STRC, has increased by 25 basis points to 11.25% for February. This adjustment demonstrates the firm’s proactive approach in attracting investor interest through high-yield instruments.
STRC Offers Unique Investment Profile
STRC is structured as a short-term high-yield credit product, distributing monthly cash dividends to investors. Additionally, the company can issue new shares through an at-the-market (ATM) offering linked to this instrument, enabling further capital raising to acquire more Bitcoin.
Bitcoin Integration Strategy
- The dividend adjustments for STRC are tied to market conditions, reflecting a dynamic financial model.
- Proceeds from these offerings are directly allocated toward expanding the company’s Bitcoin holdings, reinforcing its position in the crypto asset space.
This latest increase in dividend rate not only strengthens Strategy’s funding capabilities but also supports continued growth in the Bitcoin market.