Strategy led by Michael Saylor expands STRC dividend yield to 11.5%—MSTR common stock declines for 8 consecutive months

Bitcoin treasury companies, led by the flagship Strategy, have further increased the annual dividend yield of the perpetual preferred stock STRC. Under the leadership of the company’s Executive Chairman Michael Saylor, the dividend yield has risen by 25 basis points from the previous period to 11.5%. Meanwhile, Strategy’s common stock MSTR continues to weaken in tandem with the decline in Bitcoin prices, recording a 14% drop in February. This marks the eighth consecutive month of decline, indicating a challenging ongoing trend.

Michael Saylor’s Dividend Policy—STRC’s Stable Yield Strategy

Under Saylor’s leadership, Strategy positions STRC as a short-term high-yield investment product. The company’s series of preferred stocks has increased its dividend for the seventh time since trading began in July 2025.

STRC is designed as a perpetual preferred stock that pays monthly cash dividends. The dividend yield is maintained near a $100 face value to limit price volatility, with monthly adjustments made as needed. During the tough February crypto market environment, the stock temporarily traded below $100, necessitating a dividend increase. Currently, STRC continues to trade within a limited range around $100, offering investors a stable yield.

Market Challenges for MSTR Common Stock—Continued Decline Linked to Bitcoin Prices

In contrast, the performance of Strategy’s common stock MSTR differs significantly. February saw a 14% decline, marking the eighth consecutive month of negative returns. This downward trend is closely related to Bitcoin’s approximately 20% drop during the same period, highlighting MSTR’s high exposure to Bitcoin.

As Saylor-led Strategy continues actively accumulating Bitcoin assets, the strong correlation between MSTR’s stock price and Bitcoin’s market reflects the company’s business model. While STRC provides a stable yield through preferred shares, MSTR’s common stock directly reflects Bitcoin market fluctuations, revealing a two-tiered strategic approach.

Role of Stretch Preferred Stock—Ensuring Stability in Volatile Environments

This recent move, reflecting Michael Saylor’s strategic judgment, clearly aims to provide investors with stable yield opportunities amid increased crypto market volatility. STRC maintains a consistent dividend yield even in highly volatile conditions, catering to conservative investors. Going forward, how Bitcoin market trends influence the relationship between MSTR and STRC will be a key factor in Strategy’s overall business strategy.