BlockBeats News, March 1st, Michael Saylor stated on social media that the Stretch Dividend Rate-Linked Equity Security (STRC) March 2026 dividend rate has been raised by 25 basis points to 11.50%.
STRC is an income-linked security product launched by Strategy, which is one of its financing tools under the Bitcoin Reserve Strategy. It mainly provides funding for the company to purchase Bitcoin by issuing fixed-income or quasi-fixed-income instruments and offers investors a return linked to the company's financial structure.
BlockBeats previously reported that on July 30, 2025, Strategy (MSTR) announced the completion of the initial public offering (IPO) of 28,011,111 shares of Floating Rate Series A Perpetual Preferred Stock "STRC" at an offering price of $90 per share. The IPO of STRC was the largest IPO in the United States in 2025 and one of the largest cryptocurrency-related issuances in recent years. STRC is expected to be listed on the Nasdaq Global Select Market around July 30, 2025, under the stock symbol "STRC." The total proceeds from this offering are approximately $2.521 billion.
