Strategy announced another increase in dividend yield on its perpetual preferred stock STRC. The rate increased by 25 basis points to 11.50 per cent. As explained in the firm, the adjustment is intended to keep the quotations of these securities close to a nominal of $100 against the backdrop of recent turbulence in the cryptocurrency market.

Although the STRC remained stable near $100, on some days in February, when Bitcoin was falling sharply, its price fell below target for a short time. That’s what required an increase in payments. In the issuer’s description, STRC is positioned as a short-term high-yield savings instrument with monthly dividend payouts, which are revised to control volatility.

Ordinary Strategy (MSTR) stocks have demonstrated a different dynamic, traditionally following Bitcoin. At the end of February, they fell by 14%, extending the series of declines to eight consecutive months, while the first cryptocurrency plummeted by almost 20%.