The news is negative for the BTC-linked Strategy preferred structure and indicates ongoing selloff dynamics tied to Bitcoin performance, likely affecting sentiment over the next few sessions.
Strategy's Dividend-Paying Stock Crashes CryptoProwl Wed, June 17, 2026 at 3:57 PM GMT+2 2 min read MSTR STRC STRD STRF STRK Strategy's (NASDAQ: $MSTR) dividend-paying preferred stock (NASDAQ: $STRC) is crashing as investors worry about the sustainability of the monthly distribution. Strategy’s preferred stock finished trading on June 16 at $91. 79 U.
S. , its third-lowest level since trading began in July 2025. STRC stock has been designed to trade as close as possible to its $100 U.
S. par value. However, it has remained below that level for an extended period.
More From Cryptoprowl: Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A. I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket The last time the preferred stock traded at par was on May 15 of this year, its ex-dividend date.
Like most dividend stocks, STRC often declines on its ex-dividend date before gradually recovering. But the stock has not regained par since going ex-dividend on June 15 of this year. The ex-dividend date is the cutoff after which new buyers are no longer entitled to the upcoming dividend payment.
Analysts say that Strategy’s preferred stock, which is backed by the company’s Bitcoin (CRYPTO: $BTC) holdings, is slumping as the cryptocurrency’s price slumps. The preferred stock has largely traded in tandem with Bitcoin, and BTC remains 50% below its all-time high of $126,000 U. S.
There are also concerns about Strategy’s ability to continue covering the cost of the monthly dividend. Strategy has enough cash on hand to pay seven months of dividends. The dividend yield on STRC stock is currently at 11.
50%, one of the highest levels among publicly traded securities. Some analysts say the distribution is not sustainable. However, rather than bow to its critics, Strategy has doubled down on its dividend strategy with the preferred stock.
The company recently announced plans to switch STRC stock to a bi-monthly (twice-a-month) dividend schedule. The annualized yield on the preferred stock remains at 11. 50%, but the payout frequency is now being split into two installments per month starting in July.
MSTR stock is down 67% over the past 12 months and trading at $124. 98 U. S.
a share.
Oraklio AI Trading Intelligence
Oraklio turns news, price data, and market signals into structured BUY / SELL / NO_TRADE calls - updated continuously throughout the trading day.
Get started freeAlready have an account? Sign in →