Strategy holds 847,363 BTC, sets digital credit capital framework
SEC-filed framework outlines dollar reserves, a 12% STRC dividend, repurchases and limited Bitcoin monetization as BitMine backs the structure while reports cite large unrealized losses and differing reserve and weekly-buying figures.
Strategy said it holds 847,363 BTC and introduced a Digital Credit Capital Framework in an 8-K filing with the U.S. Securities and Exchange Commission. The framework includes a U.S. dollar reserve policy, a 12% STRC dividend, preferred and common stock repurchase plans, and a Bitcoin monetization plan that permits sales in specified circumstances. BitMine said the framework could strengthen links between capital markets and Bitcoin and improve investor confidence in Strategy’s approach. Source accounts differ on whether Strategy bought 520 BTC for $35 million in the latest week or made no weekly purchase, and separate reports cited varying reserve figures while also highlighting large unrealized losses and drawdown risk for crypto treasury companies.
- Digital Credit Capital Framework: Strategy's capital management structure covering reserve policy, dividend obligations, repurchases and limited Bitcoin monetization to support liquidity and preferred stock credit quality.
- 8-K filing: Current report filed with the U.S. Securities and Exchange Commission to disclose material corporate events.
- unrealized loss: A paper loss on holdings that have not been sold, based on current market prices versus purchase cost.