Strategy has announced a 25 basis points increase in the dividend on its Stretch perpetual preferred stock, raising it to 11.5%. This move aims to attract yield-seeking investors, reinforcing Strategy’s focus on its corporate Bitcoin treasury model, where it utilizes preferred stock to monetize its Bitcoin holdings without needing to sell off these assets. The Stretch product reflects Strategy’s commitment to providing investors with perpetual yield options that align with the long-term appreciation of Bitcoin.
Strategy increases Stretch dividend by 25bps to 11.5%
