TLDR:
- Strategy raised its STRC preferred stock dividend by 25 basis points, bringing the annual rate to 11.50%.
- MSTR fell 14% in February, marking eight straight months of losses as Bitcoin dropped nearly 20% that month.
- Strategy now holds 717,722 BTC at an average cost of $76,020, carrying an unrealized loss of around $6.5 billion.
- Saylor posted “The Turn of the Century” on X, signaling a potential new Bitcoin purchase may be disclosed soon.
Strategy has lifted the dividend rate on its preferred stock, STRC, by 25 basis points to 11.50%. Executive Chairman Michael Saylor led the decision amid continued pressure on the company’s common stock, MSTR.
The move marks the seventh dividend increase since STRC began trading in July 2025. Bitcoin’s sharp decline in February added urgency to the adjustment.
Seventh Dividend Hike Targets Price Stability
Strategy raised the annualized payout on its perpetual preferred stock, STRC, to 11.50%. The 25 basis point increase keeps the shares trading close to their $100 par value. STRC closed at $100 on Friday after dipping below that level during February.
The company positions STRC as a short-duration, high-yield savings instrument. Monthly cash distributions are adjusted regularly to reduce price swings. This structure has largely worked, keeping STRC in a tight range since its launch.
The dividend rate is reviewed each month based on market conditions. When STRC trades below par, Strategy typically boosts the payout to attract buyers. This latest adjustment follows the same pattern seen in prior months.
MSTR Posts Eighth Straight Monthly Decline
Strategy’s common stock, MSTR, fell 14% in February, extending a losing streak to eight consecutive months. Bitcoin dropped nearly 20% during the same period, pulling MSTR lower alongside it. The correlation between the two remains strong, as Bitcoin makes up the bulk of Strategy’s balance sheet.
The company holds 717,722 BTC as of mid-February, after purchasing 592 BTC at an average price of $67,286. This purchase marked the firm’s 100th recorded Bitcoin acquisition. The average entry price across all holdings now stands at $76,020 per coin.
With Bitcoin currently trading well below that cost basis, Strategy is sitting on an unrealized loss of around $6.5 billion.
Saylor shared a tracker showing the treasury valued at approximately $48 billion. The gap between cost and current value has grown as the market retreat continues.
Saylor Signals More Bitcoin Buying Ahead
On March 1, Saylor posted “The Turn of the Century” on X, a phrase that has drawn attention from market watchers.
Based on past patterns, Strategy typically discloses a new Bitcoin purchase the day after such posts. Traders and analysts closely follow these signals ahead of official filings.
Despite the losses, Saylor suggested another weekly purchase could be coming. The firm has maintained a long-term approach to its Bitcoin treasury program, even under market stress. Strategy stated it could sustain operations even if Bitcoin dropped to $8,000.
The company has also shifted its funding strategy in recent months. Rather than issuing common stock to finance Bitcoin purchases, Strategy has leaned more heavily on preferred capital.
Executives noted this structure may take on an even larger role throughout the year as volatility continues.
