--- title: "Strategy leaves preferred STRC dividend at 12% as price still below par" type: "News" locale: "en" url: "https://longbridge.com/en/news/294609915.md" description: "Strategy maintains its STRC preferred dividend at 12% despite shares trading below the $100 par value. CEO Phong Le aims for the stock to trade between $99-$100 long-term. The company holds a $3.75 billion cash reserve to cover over two years of dividend payments and interest obligations, established following an $8.22 billion Q2 net loss driven by unrealized Bitcoin losses. Strategy also repurchased $25 million in STRC shares at a discount." datetime: "2026-08-02T15:23:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294609915.md) - [en](https://longbridge.com/en/news/294609915.md) - [zh-HK](https://longbridge.com/zh-HK/news/294609915.md) --- # Strategy leaves preferred STRC dividend at 12% as price still below par While Strategy’s preferred STRC shares ended July well below their $100 par value, investors were told that their August dividend will not increase, holding at 12%. Executive chairman Michael Saylor delivered the news in a tweet on Saturday, continuing to pitch STRC as a way to “stretch your income.” August will be the second month that the dividend will be paid semi-monthly after shareholders approved that change in June. STRC shares closed at $89.46 on Friday, clocking a 5.42% price increase for the month which began with a dividend hike — 50 basis points to 12% — after a poor stock performance in June. The volume on the Nasdaq-traded shares on Friday were about two-thirds of their daily average. _STRC shares continued to trade significantly below their $100 par value in July._ _Source:_ TradingView On Friday, Strategy CEO Phong Le reiterated that management’s “corporate objective is for STRC to trade at $99-$100 over time,” without elaborating when investors might expect that to transpire. **Building cash reserve to make preferred payouts** Saylor, however, did take to social media on Sunday to dangle the possibility that the company will be making an announcement of a change in its Bitcoin treasury holdings. “Bitcoin Drive engaged,” read his X post, following a familiar pattern of posting a chart of Strategy’s BTC buys from Saylortracker.com to start off the week. Last week, Strategy reported an $8.22 billion second-quarter net loss, driven primarily by an $8.32 billion unrealized loss on its Bitcoin (BTC) holdings as the cryptocurrency’s price declined during the quarter. The Bitcoin treasury company said it has built a $3.75 billion cash reserve to support preferred stock payouts following the launch of its BTC monetization program. Strategy also said it has built a $3.75 billion U.S. dollar reserve, enough to cover more than two years of preferred dividend payments and interest obligations. The company recently repurchased $25 million of its STRC preferred shares at a discount to par and said it intends to continue buying the securities while they trade below $100. ### Related Stocks - [STRF.US](https://longbridge.com/en/quote/STRF.US.md) - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [STRC.US](https://longbridge.com/en/quote/STRC.US.md) - [STRD.US](https://longbridge.com/en/quote/STRD.US.md) - [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md) - [STRK.US](https://longbridge.com/en/quote/STRK.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [WNTR.US](https://longbridge.com/en/quote/WNTR.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [MSOO.US](https://longbridge.com/en/quote/MSOO.US.md) - [MST.US](https://longbridge.com/en/quote/MST.US.md) - [MSTU.US](https://longbridge.com/en/quote/MSTU.US.md) - [MSTP.US](https://longbridge.com/en/quote/MSTP.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [MSTZ.US](https://longbridge.com/en/quote/MSTZ.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [MSTX.US](https://longbridge.com/en/quote/MSTX.US.md) - [SMST.US](https://longbridge.com/en/quote/SMST.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [MSTW.US](https://longbridge.com/en/quote/MSTW.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [IMST.US](https://longbridge.com/en/quote/IMST.US.md) - [MSDD.US](https://longbridge.com/en/quote/MSDD.US.md) - [MSST.US](https://longbridge.com/en/quote/MSST.US.md) - [MSTY.US](https://longbridge.com/en/quote/MSTY.US.md) - [MTYY.US](https://longbridge.com/en/quote/MTYY.US.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [07799.HK](https://longbridge.com/en/quote/07799.HK.md) - [09399.HK](https://longbridge.com/en/quote/09399.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) - [BTCHKD.VAHK](https://longbridge.com/en/quote/BTCHKD.VAHK.md) - [BTCUSD.VAHK](https://longbridge.com/en/quote/BTCUSD.VAHK.md) ## Related News & Research - [Strategy Raises Capital and Adjusts Bitcoin, Stock Holdings](https://longbridge.com/en/news/295408678.md) - [Strategy schedules live investor Q&A featuring Michael Saylor, CEO Phong Le](https://longbridge.com/en/news/295541146.md) - [Strategy director Jarrod M. Patten disposes of 3,800 common shares for $391,870.75](https://longbridge.com/en/news/295443258.md) - [Twenty One Capital targets Berkshire-style buildout of operating businesses around Bitcoin balance sheet](https://longbridge.com/en/news/295523229.md) - [Bitget Eyes Regulated Foothold In Bhutan As Bitcoin-Backed Crypto Hub Attracts Global Firms](https://longbridge.com/en/news/295503819.md)