Michael Saylor: STRC preferred stock dividend rate to remain at 12% in October

PANews reported on October 1 that Michael Saylor, founder of the bitcoin treasury company Strategy, stated in a post on X that the dividend rate on the company's preferred stock product Stretch (STRC) will remain at 12.00% in October 2026.

STRC is a U.S. dollar-denominated preferred stock issued by Strategy, and its dividend rate is adjusted based on the company's settings. This announcement means that STRC holders will continue to receive returns at a 12% annualized dividend rate in October.