Strategy STRC Reaches $100 Par Value, Fueling Expectations for More Bitcoin Purchases

Strategy’s perpetual preferred stock, STRC, returned to its $100 par value during Friday’s trading session, potentially opening the door for the company to raise additional capital for future Bitcoin purchases. The recovery came after 10 trading sessions since the last ex-dividend date, reflecting the stock’s usual rebound pattern following dividend-related declines.

According to Yahoo Finance data, STRC closed at $99.99 on May 8 before climbing to $100 in after-hours trading. The preferred stock currently offers an annual dividend yield of 11.5% through monthly payouts, with the next ex-dividend date scheduled for May 15, 2026.

STRC traded within an extremely narrow range between $99.97 and $99.99 throughout the session, showing far less volatility than many crypto-related stocks. Despite the stable pricing, the stock generated strong investor interest, recording approximately $218 million in trading volume.

Strategy originally introduced STRC with a mechanism designed to keep its value close to the $100 target price. The company adjusts dividend payouts based on market performance. If the stock trades below par value, the yield increases to attract buyers. Executive Chairman Michael Saylor previously stated that the company could even sell Bitcoin to support dividend payments if necessary.

Maintaining the stock near par value is important because it allows Strategy to issue additional shares efficiently and use the proceeds to fund more Bitcoin acquisitions. Since March, the company has reportedly raised more than $1.5 billion through STRC sales, contributing to the preferred stock’s estimated $5 billion valuation.

Meanwhile, speculation is growing that Strategy could soon resume Bitcoin buying activity. The company paused purchases after acquiring $255 million worth of BTC on April 27. However, Saylor hinted that new acquisitions may restart soon, with many investors expecting a fresh Bitcoin purchase announcement on Monday, May 11, based on the company’s recent buying patterns.