Strategy Inc Declares Dividends on Five Preferred Stock Series
Strategy Inc (MSTR) declared cash dividends on five series of preferred stock, payable March 31 to shareholders of record as of March 15. The company also raised the dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock from 11.25% to 11.50% effective March 1.
Strategy Inc (MSTR), a corporate bitcoin treasury company, declared cash dividends on five series of preferred stock on February 28, 2026, payable March 31 to holders of record as of March 15. Read more dividend announcements.
The largest dividend is $2.50 per share for three series: the 10.00% Series A Perpetual Strife Preferred Stock (STRF), the 10.00% Series A Perpetual Stream Preferred Stock (STRE), and the 10.00% Series A Perpetual Stride Preferred Stock (STRD). The 8.00% Series A Perpetual Strike Preferred Stock (STRK) will pay $2.00 per share.
The Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) will pay $0.958333333 per share for the monthly period ending March 31. Strategy raised STRC's annual dividend rate from 11.25% to 11.50% effective March 1, representing a 22-basis-point increase.
The STRE dividend will be paid in euros at €2.50 per share. The record date for STRE uses London time, while all other series use New York City time.
| Series | Ticker | Amount | Period | Record Date | Payment Date |
|---|---|---|---|---|---|
| Strife Preferred | STRF | $2.50 | Quarterly | March 15, 2026 | March 31, 2026 |
| Stretch Preferred | STRC | $0.958333333 | Monthly | March 15, 2026 | March 31, 2026 |
| Stream Preferred | STRE | €2.50 | Quarterly | March 15, 2026 | March 31, 2026 |
| Strike Preferred | STRK | $2.00 | Quarterly | March 15, 2026 | March 31, 2026 |
| Stride Preferred | STRD | $2.50 | Quarterly | March 15, 2026 | March 31, 2026 |
Strategy expects the March 31 dividends will be characterized as non-taxable return of capital to the extent of a shareholder's tax basis in the applicable preferred shares for U.S. federal income tax purposes. The company advised shareholders to consult their tax advisors regarding specific consequences.
Bitcoin Holdings and Capital Markets Activity
Strategy acquired 3,015 bitcoin between February 23 and March 1, 2026, at an aggregate purchase price of $204.1 million and an average cost of $67,700 per bitcoin including fees. The purchases were funded by proceeds from its at-the-market equity offering program.
As of March 1, Strategy held 720,737 bitcoin with an aggregate purchase price of $54.77 billion and an average cost of $75,985 per bitcoin.
During the same period, Strategy sold 1,730,563 shares of Class A common stock under its ATM program, generating net proceeds of $229.9 million after commissions. The company also sold 71,590 shares of STRC preferred stock for net proceeds of $7.1 million.
Strategy has $7.61 billion of Class A common stock remaining available for sale under the ATM program. The company maintains $1.62 billion, $3.54 billion, $20.33 billion, and $4.01 billion available for sale of STRF, STRC, STRK, and STRD preferred stock, respectively.