Strategy · CoinDesk
All eyes on Strategy's June 30 ex-dividend date and monthly STRC dividend rate reset
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
★ Tier-1 Source
Strategy's (MSTR) perpetual preferred stock, STRC, is down 3% during Friday's pre-market and is trading below $73 around 27% below its $100 par value, as investors focus on June 30, a date that brings two important events.
Key facts
- Strategy's (MSTR) perpetual preferred stock, STRC, is down 3% during Friday's pre-market and is trading below $73 around 27% below its $100 par value, as investors focus on June 30, a date
- For STRC, a $0.48 adjustment on a $73 stock represents less than 0.7%, during a time when STRC is falling as much as 2-3% a day
- MSTR common stock is trading around $85, more than 84% below its November 2024 all time high, which is putting further pressure on Strategy's Bitcoin leveraged capital structure
- Eligible investors will receive STRC's first semi-monthly dividend of $0.48 per share on July 15
Summary
Strategy's STRC preferred stock is trading around $73, roughly 27% below its $100 par value, as investors focus on two key events tied to June 30. The ex-dividend date lands on June 30, with eligible holders receiving a $0.48 per share payment on July 15, but at less than 0.7% of the stock price, it's unlikely to move the needle. The bigger watch item is the monthly dividend rate reset: with STRC's effective yield now near 15%, investors are expecting Strategy to raise the rate from 11.50% to at least 12% or 12.50%. First, June 30 is the ex-dividend date.