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$STRC Strategy
Stretch (STRC) is Strategy's variable-rate perpetual preferred stock. It offers cash dividends at an adjustable rate and has no scheduled maturity date.
STRC dividend calculator · Dividend history ↓
Enter an investment amount or monthly income target, adjust your purchase price, and compare yield on cost. See worked examples for $500, $1,000 or $2,500 a month.
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STRC Dividend History
The annualized dividend rate and the cash dividend declared per share answer different questions. Neither is your yield on purchase price.
Annualized dividend rate history
Rates apply to STRC's $100 stated amount. The chart tracks the rate, not cash payments or total return.
View rate history and source filings
| Chart date | Annualized rate | Source disclosure |
|---|---|---|
| 12.00% | 8-K · 26-06-29 ↗ | |
| 11.50% | 8-K · 26-03-02 ↗ | |
| 11.25% | 8-K · 26-02-02 ↗ | |
| 11.00% | 8-K · 26-01-02 ↗ | |
| 10.75% | 8-K · 25-12-01 ↗ | |
| 10.50% | 8-K · 25-10-30 ↗ | |
| 10.25% | 8-K · 25-09-30 ↗ | |
| 10.00% | 8-K · 25-09-02 ↗ | |
| 9.00% | 8-K · 25-07-29 ↗ |
The July 2026 change is shown at July 16, the start of the first affected semi-monthly period in our series. The issuer's rule refers to record dates on or after July 1: the July 15 declared payment retained the prior rate, while the July 31 declaration used 12%. Rate disclosure ↗
November daily dividends
Strategy declared $1.00 per STRC share across November’s 30 daily record dates at a 12% annual rate. Each record date earns $0.03 or $0.04 per share, payable the next business day. November declarations ↗
The amended certificate took effect November 1. The daily schedule replaced the $0.50 semi-monthly dividend previously scheduled for November 15. October 29 filing ↗
View the November daily schedule
| Record date | Scheduled pay date | Cash / share |
|---|---|---|
| $0.03 | ||
| $0.03 | ||
| $0.04 | ||
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| $0.04 | ||
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| $0.04 | ||
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| $0.04 |
Semi-monthly cash dividend declarations
Verified declaration records beginning with the July 15, 2026 scheduled payment; this is not a complete distribution history since IPO. Sources reviewed 26-11-02. A past scheduled date is not confirmation that a payment was received.
| Scheduled pay date* | Cash / share | Record date | Declared | Source |
|---|---|---|---|---|
| $0.50 Superseded · not payable | 8-K · 26-10-01 ↗ | |||
| $0.50 | 8-K · 26-10-01 ↗ | |||
| $0.50 | 8-K · 26-09-01 ↗ | |||
| $0.50 | 8-K · 26-09-01 ↗ | |||
| $0.50 | 8-K · 26-08-03 ↗ | |||
| $0.50 | 8-K · 26-08-03 ↗ | |||
| $0.50 | † | 8-K · 26-06-29 ↗ | ||
| $0.50 | † | 8-K · 26-06-29 ↗ | ||
| $0.479166667 | † | 8-K · 26-06-15 ↗ |
* Nominal dates from the declarations, not broker receipt dates. Applicable business-day provisions can move a payment date; record dates are not presented as ex-dividend dates. Amounts retain the issuer's published precision. No missing payment is filled in from the annualized rate.
† The June declarations were initially conditional on the amended certificate becoming effective. Strategy subsequently reported that it took effect on June 30, 2026. Q2 2026 report ↗
Calculate your STRC or SATA dividend income →CAPITAL EVENTS
| DATE | EVENT | STRC | CAPITAL |
|---|---|---|---|
| 25-07-29 | IPO | +28,011,111 | +$2.47B net / +$2.52B gross |
| 25-12-31 | ATM period | +1,575,952 | +$157.2M net |
| 26-03-31 | ATM period | +20,659,450 | +$2.06B net |
| 26-06-29 | Repurchase program auth | — | $1.00B auth |
| 26-06-30 | ATM period | +54,648,192 | +$5.46B net |
| 26-07-26 | Repurchase | −288,930 | −$25.0M |
| 26-08-02 | Repurchase | −912,143 | −$81.2M |
| 26-08-09 | Repurchase | −1,152,020 | −$108.6M |
| 26-08-16 | Repurchase | −1,388,720 | −$132.2M |
| 26-08-23 | Repurchase | −1,431,212 | −$136.4M |
| 26-08-30 | Repurchase | −1,557,177 | −$151.8M |
| 26-09-07 | Repurchase | −1,810,885 | −$176.3M |
| 26-09-08 | Repurchase auth increase | — | $2.00B auth |
| 26-09-13 | Repurchase | −1,420,467 | −$139.3M |
| 26-09-20 | Repurchase | −1,771,238 | −$174.0M |
| 26-09-27 | Repurchase | −1,534,530 | −$151.7M |
| 26-10-04 | Repurchase | −1,773,802 | −$176.3M |
| 26-10-11 | Repurchase | −1,932,145 | −$192.4M |
| 26-10-18 | Repurchase | −1,938,780 | −$193.1M |
| 26-10-19 | Repurchase auth increase | — | $3.00B auth |
| 26-10-25 | Repurchase | −2,068,459 | −$204.9M |
| 26-11-01 | Repurchase | −2,092,035 | −$208.2M |
Notional = STRC outstanding × $100 stated amount. Annualized dividend = notional × applicable stated dividend rate.
Sources: Strategy disclosures & SEC filings
View source filingsHide source filings
- 424B5 · 25-07-25 — STRC IPO 424B5 — 28,011,111 shares @ $90; estimated net proceeds ~$2.474B; initial rate 9.00%
- 8-K · 25-07-29 — STRC IPO closing 8-K — 28,011,111 shares issued; COD filed; gross ~$2.521B; initial monthly rate 9.00%
- 8-K · 25-07-31 — STRC ATM Sales Agreement — up to $4.2B aggregate offering price
- 8-K · 25-09-02 — Rate 9.00% → 10.00% effective monthly periods on/after Sep 1, 2025
- 8-K · 25-09-30 — Rate 10.00% → 10.25% effective monthly periods on/after Oct 1, 2025
- 10-Q · 25-11-03 — Q3 2025 10-Q — 28,011,111 STRC as of Sep 30, 2025; IPO net ~$2,473.8M
- 8-K · 25-10-30 — Rate 10.25% → 10.50% effective monthly periods on/after Nov 1, 2025
- 8-K · 25-12-01 — Rate 10.50% → 10.75% effective monthly periods on/after Dec 1, 2025
- 8-K · 26-01-02 — Rate 10.75% → 11.00% effective monthly periods on/after Jan 1, 2026
- 8-K · 26-02-02 — Rate 11.00% → 11.25% effective monthly periods on/after Feb 1, 2026
- 10-K · 26-02-19 — 2025 Form 10-K — 29,587,063 STRC as of Dec 31, 2025; Q4 ATM 1,575,952 shares; net ATM proceeds $157.221M
- 8-K · 26-03-02 — Rate 11.25% → 11.50% effective monthly periods on/after Mar 1, 2026
- 8-K · 26-03-23 — Additional STRC ATM annex up to $21.0B (in addition to remaining prior $4.2B capacity)
- 10-Q · 26-05-06 — Q1 2026 10-Q — 50,246,513 STRC as of Mar 31; Q1 ATM 20,659,450 shares; net ~$2,062.677M
- 8-K · 26-06-08 — Stockholder approval — STRC dividend frequency monthly → semi-monthly
- 8-K · 26-06-15 — A&R STRC COD effective Jun 30, 2026 — semi-monthly; transitional Jul 15 dividend at 11.50%
- 8-K · 26-06-29 — Digital Credit Capital Framework — $1.0B repurchase program; STRC rate to 12.00% for record dates on/after Jul 1, 2026
- 10-Q · 26-08-03 — Q2 2026 10-Q — 104,894,705 STRC as of Jun 30; Q2 ATM 54,648,192 shares; net ~$5,455.658M; ATM remaining ~$17.51B
- 8-K · 26-07-06 — Weekly 8-K — Jun 29–Jul 5: no share repurchases under programs
- 8-K · 26-07-13 — Weekly 8-K — Jul 6–12: no share repurchases under programs
- 8-K · 26-07-20 — Weekly 8-K — Jul 13–19: no share repurchases under programs
- 8-K · 26-07-27 — Weekly 8-K — Jul 20–26: STRC 288,930 / $25.0M; remaining $975.0M
- 8-K · 26-08-03 — Weekly 8-K — Jul 27–Aug 2: STRC 912,143 / $81.2M; remaining $893.8M
- 8-K · 26-08-10 — Weekly 8-K — Aug 3–9: STRC 1,152,020 / $108.6M; remaining $785.2M
- 8-K · 26-08-17 — Weekly 8-K — Aug 10–16: STRC 1,388,720 / $132.2M; remaining $653.0M
- 8-K · 26-08-24 — Weekly 8-K — Aug 17–23: STRC 1,431,212 / $136.4M; remaining $516.6M
- 8-K · 26-08-31 — Weekly 8-K — Aug 24–30: STRC 1,557,177 / $151.8M; remaining $364.8M
- 8-K · 26-09-01 — Maintain STRC rate 12.00% for semi-monthly periods commencing on/after Sep 16, 2026
- 8-K · 26-09-08 — Weekly 8-K — Aug 31–Sep 7: STRC 1,810,885 / $176.3M USD Cash; authorization $1.0B→$2.0B; remaining $1.19B
- 8-K · 26-09-14 — September 14 weekly repurchases — 1,420,467 STRC shares for $139.3M
- 8-K · 26-09-21 — September 21 weekly update — 950 BTC purchased; 1,771,238 STRC repurchased for $174.0M
- 8-K · 26-09-28 — September 28 weekly update — 1,665 BTC purchased; 1,534,530 STRC repurchased for $151.7M
- 8-K · 26-10-05 — October 5 weekly update — 334 BTC purchased; 1,773,802 STRC repurchased for $176.3M
- Press release · 26-10-12 — October 12 issuer update — 250 BTC purchased; 1,932,145 STRC repurchased for $192.4M
- 8-K · 26-10-19 — October 19 weekly update — 267 BTC purchased; 1,938,780 STRC repurchased for $193.1M; preferred buyback authorization increased to $3.0B
- 8-K · 26-10-26 — October 26 weekly update — no Bitcoin or ATM activity; 2,068,459 STRC repurchased for $204.9M
- 8-K · 26-10-29 — Final vote and filed STRC certificate establishing daily record dates from November 1
- 8-K · 26-11-02 — 811 BTC purchased and 2,092,035 STRC shares repurchased for $208.2M