MicroStrategy is rolling out semi-monthly dividends for its STRC preferred shares to lift the price back toward $100 par value. The move, approved by shareholders this week, follows STRC's slide to $90 on June 8 as Bitcoin dipped below $63,000. The company aims to steady the stock while maintaining its 11.5% annual dividend rate despite crypto volatility.
Dividend Timing Details
Shareholders approved a June 30 record date with the first payment hitting accounts on July 15. They kept the annual rate at 11.5% for the fourth straight month. This new semi-monthly schedule replaces less frequent payouts as the preferred shares struggle near 10% below par.
Cash and Bitcoin Holdings
The company holds 845,256 BTC as of this morning with $1 billion set aside strictly for dividends and debt. STRC sales funded about 77,000 BTC purchases this year alone. That outpaces all U.S. spot Bitcoin ETFs combined for net acquisitions in 2026.
Share Price Pressure Points
STRC traded as low as $90 on June 8 after closing at $94.65 a week earlier. The company only issues new shares when trading at or above $100 par, so it's paused sales during the current discount. This isn't the first outage this quarter—the stock has tested support multiple times since spring.
Bitcoin's Near-Term Range
Analyst Michael van de Poppe identified $65,000 as Bitcoin's key resistance level. He noted a breakout could push prices to $72,000–$74,000, which might relieve pressure on STRC. But until then, the preferred shares remain stuck in the low 90s as crypto wobbles.
The next dividend hits accounts July 15. If STRC stays below $100, MicroStrategy won't issue new shares—and that $1 billion cash buffer stays locked.
