Strategy announces increase of STRC dividend rate to 12%
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```htmlJinse Finance reported on June 29 that, according to an 8-K filing submitted by Strategy to the US SEC, Strategy announced it will increase the annual regular dividend rate for its Floating Rate Series A Perpetual Preferred Stock (“STRC”). Starting from July 1, 2026 or the subsequent record date, the bi-monthly dividend payment cycle will be raised to 12.00%. This adjustment will not affect previously announced but yet unpaid STRC dividends. Strategy's corporate goal is to keep STRC's trading price within the range of approximately $99 to $100 over the long term, close to its established target price of $100. The actions announced today aim to support this goal by enhancing the liquidity of preferred stock dividends, boosting market confidence in Strategy's digital credit securities, and providing the company with additional capital allocation tools. In the future, Strategy plans to assess the dividend rate of STRC monthly based on a series of factors, including STRC's trading levels, market yields, credit spreads, BTC price and volatility, US dollar reserve coverage, capital market conditions, and the company's overall capital structure.```
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