New York, March 1, 2026, 3:28 PM EST — Market closed.
- Strategy lifted the March dividend rate on its STRC preferred stock to 11.50%, Chairman Michael Saylor posted.
- Strategy shares ended Friday down about 2.9% at $129.50 as bitcoin held near $65,000 over the weekend.
- Traders head into Monday watching bitcoin’s next move and how Strategy’s preferred shares trade around par.
Strategy Inc said it lifted the dividend rate on its STRC preferred stock by 25 basis points — 0.25 percentage point — to 11.50% for March, according to Executive Chairman Michael Saylor. 1
The adjustment matters because Strategy has made bitcoin the center of its balance sheet, turning the stock into a high-beta trade tied to crypto swings. The company, formerly MicroStrategy, has branded itself a “Bitcoin Treasury” play as it courts investors across its common and preferred securities. 2
On its website, Strategy describes its common shares as “amplified exposure” to bitcoin — taking the extra volatility of its bitcoin holdings after stripping out what it calls its credit instruments. That framing leaves Monday’s open as the first clean read on weekend crypto moves. 3
Strategy shares ended Friday down $3.90 at $129.50, after trading between $127.86 and $131.12, according to Google Finance data. The stock ticked up to $129.72 in after-hours trading and carried a market value of about $41.2 billion. 4
Bitcoin was last down about 2.2% on Sunday at roughly $65,443.
Crypto-linked equities were pressured into the weekend. Coinbase slid about 6.5% on Friday, while the iShares Bitcoin Trust ETF fell about 4.9%, leaving Monday’s tone sensitive to any fresh move in the token.
The broader tape was already defensive. The S&P 500 ended Friday down 0.4% and the Nasdaq slipped 0.9%, with investors weighing inflation worries and geopolitical tensions, a backdrop that has also kept risk appetite shaky in crypto. 5
STRC is Strategy’s perpetual preferred stock — a dividend-paying security with no set maturity — and the company says it resets the annualized rate each month to keep trading close to its $100 par value and reduce volatility. But Strategy also warns the dividend is not guaranteed and its preferred securities are not collateralized by the company’s bitcoin holdings. 6
For common shareholders, the immediate question is whether the higher payout supports demand for the preferred shares without pushing up Strategy’s funding costs too far. The move also puts fresh attention on how much room the company has to keep tapping capital markets if bitcoin stays weak.
U.S. markets reopen on Monday, March 2, with investors watching bitcoin during U.S. hours and any hint of further financing moves. Strategy’s next STRC record date is March 15, with the cash dividend scheduled for March 31.
