Strategy confirmed on October 1, 2026, that the annualized dividend rate for its STRC preferred stock will remain at 12.00% for October. This marks the fourth consecutive month the company has maintained this payout level, which was first reached in July 2026.

The STRC instrument has a par value of $100, with dividends calculated on a semi-monthly basis. At the current 12% annualized rate, shareholders receive $0.50 per share every two weeks. The rate was initially set at 9% upon the launch of STRC in July 2025.

The company reviews the dividend rate monthly, considering factors such as Bitcoin price volatility, credit spreads, and current trading levels. Strategy maintains a USD reserve of approximately $2.55 billion as of mid-2026 to support these obligations.

STRC holders hold priority over MSTR common shareholders regarding dividends and liquidation, though they lack conversion rights into MSTR stock. The company is currently seeking shareholder approval to transition from semi-monthly to daily dividend accruals.