Strategy rises after outlining buybacks, reserve plan and possible Bitcoin sales
Strategy’s new Digital Credit Capital Framework lifted related securities, pairing a 12% STRC dividend with up to $2 billion of buybacks and authority to monetize up to $1.25 billion of Bitcoin for reserves and obligations.
The official Strategy press release confirms every element of the claim: up to $2 billion in repurchases ($1B Digital Credit securities + $1B MSTR common), a 12.00% STRC dividend effective July 1, a USD Reserve Policy with 12-month coverage minimum, and a limited BTC monetization program (up to $1.25B). This is corroborated by WSJ, Cointelegraph, and Cryptobriefing. The claim's note that reports differed on the latest weekly Bitcoin purchases aligns with sources reporting no Bitcoin purchase the week ended June 28.
Strategy-related securities rose after the company detailed a Digital Credit Capital Framework that includes up to $1 billion of Class A common-stock repurchases, up to $1 billion of preferred-security repurchases, a 12% annual STRC dividend effective July 1, and authority to monetize up to $1.25 billion of Bitcoin to build U.S. dollar reserves, meet preferred dividend obligations and service debt. MSTR closed at $92.68, up 12.60%, and STRC closed at $83.67, up 12.20%, while later and premarket trading reports cited continued strength, including SATA above $91 and STRC above $82. Strategy said it held 847,363 BTC as of June 28, acquired for $64.10 billion at an average price of $75,651 per coin, and reported about $2.55 billion in U.S. dollar reserves. The company also set June 30 as the ex-dividend date for a $0.48 per-share STRC payout due July 15.
- Digital Credit Capital Framework: Strategy's capital management plan covering reserves, dividends, repurchases and limited Bitcoin sales.
- STRC: Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, which pays a dividend set by the company.
- ex-dividend date: Cutoff date to qualify for a dividend payment.