AIMCo Buys $172.5M in Strategy Stock; STRC Dividend Holds at 11.5%
Alberta Investment Management Corp. purchased 1.382 million Strategy shares for $172.47 million at an average cost of $125, marking a 44% unrealized gain at current $180 levels. Strategy’s perpetual preferred Stretch stock sustained an 11.5% dividend in April as its average price of $99.76 held close to $100 par value.
1. AIMCo Acquires 1.382 Million Strategy Shares
Alberta Investment Management Corporation purchased 1,382,000 shares of Strategy common stock for $172.47 million at an average cost of $125 per share.
2. Unrealized Gain on Strategy Stake
With Strategy shares trading at $180, AIMCo is sitting on a 44% unrealized gain, highlighting strong institutional confidence in the company’s Bitcoin treasury model.
3. Stretch Preferred Dividend Steady at 11.5%
Strategy maintained its 11.5% dividend on the Stretch perpetual preferred stock for a third consecutive month as April’s average share price of $99.76 remained close to the $100 par value.
4. Stretch Funding and Dividend Frequency Considerations
Preferred Stretch stock continues to anchor funding for ongoing Bitcoin acquisitions, and Strategy is exploring a shift to semi-monthly dividend payments to enhance yield stability and liquidity.