Nine days after the ex-dividend date, the price returns to the $100 face value, and STRC helps Strategy expand its Bitcoin holdings

According to the latest report from Coindesk, the STRC perpetual preferred stock issued by Strategy company recovered to a $100 face value just nine trading days after the ex-dividend date. This is slightly faster than its historical average rebound time of about 10 trading days and provides favorable conditions for the company to increase its Bitcoin holdings.

According to market norms, preferred stocks usually decline after the dividend is paid. In this case, the STRC stock price began to rebound nine trading days after the ex-dividend date (March 13).

On the ex-dividend date itself, buyers of this round of stock no longer qualify for the next dividend, and the stock price typically drops as the company needs to distribute cash to original shareholders.

The core mechanism of STRC is to guide the stock price through adjusting the dividend yield. When the stock price exceeds $100, the company can reduce dividends to suppress market demand; conversely, when the stock price falls below $100, it will increase dividends to attract buyers. This mechanism helps stabilize the stock price, allowing the company to issue new shares near face value to raise more funds for Bitcoin purchases.

As a short-term high-yield credit tool, STRC offers an annualized dividend of 11.5% paid monthly. This structure effectively incentivizes trading activity near the face value, enabling the company to continuously raise funds through market price issuance plans to buy Bitcoin.

Notably, in terms of fund utilization, Strategy purchased 1,031 Bitcoin last week, with a total cost of $76.6 million and an average price of $74,326 per Bitcoin.

Although this purchase size is smaller than previous rounds, the company's current Bitcoin holdings have reached 762,099 coins, solidifying its position as the world's largest Bitcoin holder among enterprises.

As a result, if STRC's stock price quickly rebounds to the average price level, it will create favorable conditions for Strategy to raise more funds and further increase its Bitcoin holdings.

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