CoinDesk reported that Strategy (MSTR) has maintained the dividend rate of its preferred stock STRC at 11.5% for four consecutive months. Although STRC fell to a low of $97.11 last month, its monthly closing price was $99.62, close to its par value of $100, which is evaluated as securing price stability without an additional dividend increase. Strategy's STRC is a product that pays monthly variable dividends targeting an annual 11.5% to holders. If the price exceeds the par value ($100), the dividend rate decreases, and if it falls below the par value, the dividend rate increases. Dividends are paid from cash held by Strategy. Strategy only invests funds raised when STRC exceeds $100 into BTC purchases, and recently, it has been functioning as a source of funds for Strategy's BTC purchases.
