Strategy holds STRC Stretch preferred dividend at 12% for October 2026
In brief
- Strategy kept STRC's annualized dividend rate at 12.00% for October 2026.
- Semi-monthly payments work out to $0.50 per share on STRC's $100 par value.
- STRC has paid 12% since July 2026, after launching at 9% in July 2025.
- Daily dividend accruals, a proposed shift, still need shareholder approval.
What the October rate means for holders
STRC carries a $100 par value, and dividends are calculated off that figure. At a 12% annualized rate, each semi-monthly payment comes to $0.50 per share. The 12% rate applies to STRC's semi-monthly dividend periods throughout October.
It's the same rate holders have received since July 2026.
Getting there took a while. Strategy launched STRC in July 2025 at a 9% starting rate, then raised it multiple times before it reached 12% in July 2026 (and it hasn't moved since).
How Strategy sets the rate
Strategy designed STRC as a US dollar-denominated perpetual preferred equity meant to trade close to its $100 par value, and the monthly rate review is the lever it uses to keep it there. According to Crypto Briefing, the inputs include Bitcoin price swings, credit spreads and STRC's current trading levels.
STRC has priority over MSTR common stock for both dividends and liquidation. The tradeoff? Holders can't convert their shares into MSTR stock.
The company's USD reserve stood at around $2.55 billion in mid-2026, per Crypto Briefing, a cushion meant to support dividend payouts and other obligations (that's the mid-2026 figure the outlet cited, not a fresh one).
Daily accruals and the November decision
STRC is one piece of what Strategy calls its "Digital Credit Capital Framework," which raises capital for ongoing Bitcoin purchases while offering investors high-yield income securities. Strategy has paired the framework with other initiatives, including a buyback program and a Bitcoin monetization strategy.
There's also a structural change on the table. Strategy has proposed shifting STRC to daily dividend accruals, but it's pending shareholder approval and hasn't been adopted. Crypto Briefing said a daily accrual could smooth out price swings that tend to cluster around payment dates, since value would build day by day rather than in semi-monthly steps.
The next checkpoint is November's rate decision.
Frequently asked questions
What is the STRC dividend rate for October 2026?
Strategy kept the annualized dividend rate on STRC at 12.00% for October 2026, according to Crypto Briefing. On STRC's $100 par value, that works out to $0.50 per share for each semi-monthly payment. It's the fourth straight month at 12%.
How does Strategy decide the STRC dividend rate?
Strategy reviews the rate monthly and uses it as a lever to keep STRC trading close to its $100 par value. Crypto Briefing reported that the inputs include Bitcoin price swings, credit spreads and STRC's current trading levels.
Has STRC switched to daily dividend accruals?
No. Strategy has proposed shifting STRC to daily dividend accruals, but the change is pending shareholder approval. Crypto Briefing said daily accrual could smooth out price swings that tend to cluster around payment dates.
