MicroStrategy’s 12% Dividend Stock Rebounds 34%: Will It Hold This Time?

MicroStrategy’s 12% dividend preferred stock has rebounded 34% from its June low to trade near $100, recovering ground lost in an earlier slide. The instrument, tied to the company’s bitcoin-heavy balance sheet, had previously slipped after rallying, raising questions about whether the current bounce can be sustained. The move matters because the preferred’s dividend yield and price stability are closely watched as a gauge of investor appetite for leveraged bitcoin exposure through MicroStrategy’s capital structure. Traders will be watching whether the stock holds the $100 level and whether the company’s bitcoin holdings and financing activity continue to support the yield.