Strategy said its STRC perpetual preferred stock will maintain an 11.5% dividend rate for May, extending the same payout level for a third straight month. The company also reported STRC’s April VWAP at $99.76, close to its $100 par value, indicating the shares traded near their reference value during the month. In addition, Strategy’s common stock closed April at $165, up 33% and marking its first monthly gain in nine months.