Bitcoin treasury firm Strategy will begin paying semi-monthly dividends to STRC shareholders following approval of the proposal by stockholders. This comes as the preferred security trades below its par value of $100, although market expert Scott Melker has said that now is a good time to buy the stock.
Strategy Announces Approval Of STRC Semi-Monthly Dividend Payments
In a press release, the firm announced that, based on preliminary results, stockholders have approved proposal 5 at its 2026 Annual Meeting of Stockholders, which amends the terms of the STRC dividend payments from monthly to semi-monthly dividend payment dates. The proposal notably received approval from both MSTR and STRC stockholders.
Commenting on this development, Strategy’s CEO Phong Le said that moving STRC to a semi-monthly dividend cadence reflects their commitment to continuous innovation on behalf of their holders. “Paying dividends on STRC twice a month is designed to stabilize price, dampen cyclicality, drive liquidity, and grow demand for STRC, while giving STRC holders faster reinvestment opportunity,” he added.
The semi-monthly dividend payment will begin at the end of this month, following the stockholder approval. With this, dividend payments will fall on the 15th and the last day of each month moving forward. The first semi-monthly record date will be June 30, 2026, and the first semi-monthly payment date will be July 15, 2026.
As CoinGape reported, the STRC stock dividend rate is currently at 11.50%. The Strategy preferred stock is currently trading at around $94, below its par value of $100, according to TradingView data.
It is worth noting that the approval of the semi-monthly dividend payment comes just as Strategy resumed its Bitcoin buying with a $100 million purchase. This followed the company’s sale of 32 BTC two weeks ago, its first sale since 2022.
Buying STRC Below Par Is A “Relatively Solid Idea”
Market expert Scott Melker said in an X post that buying STRC below par appears to be a relatively solid idea. This came as he revealed that he had bought some STRC shares, as the preferred security trades below $100.
“If you think it is all over, then don’t do it. But if you think Strategy will continue to exist, it will go back to par,” Melker said. The expert also expressed optimism that the stock will still rally to $100 and holders will earn their yield. Interestingly, STRC is down while the MSTR stock has rebounded to $127, up over 5% today.
This is even though Strategy funded its latest Bitcoin purchase mainly with the sale of MSTR shares. The company sold 1.4 million MSTR shares, raising net proceeds of $181 million.
