Michael Saylor: February STRC dividend yield increased by 25 basis points

TechFlow reports that on February 1, Michael Saylor announced the February dividend rate for Strategy’s perpetual preferred stock (STRC) has been increased by 25 basis points to 11.25%. STRC is positioned as a short-term, high-yield credit product, with dividends paid monthly in cash. The dividend rate is adjusted monthly, and Strategy may issue shares via an at-the-market (ATM) offering linked to this product, potentially enabling it to raise more funds to purchase additional Bitcoin.