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Strategy adopts Digital Credit Capital Framework after $216 million Bitcoin sale

Strategy adopts Digital Credit Capital Framework after $216 million Bitcoin sale

Strategy sold 3,588 BTC to fund preferred-stock obligations and rebuild cash reserves, while other public-company holders including American Bitcoin and Strive continued adding to their Bitcoin treasuries.

BTC

Fact Check
Strategy's own official SEC Form 8-K (July 6, 2026) confirms BTC sales totaling 3,588 BTC (1,363 + 2,225) for approximately $216M, used to fund preferred stock distributions and replenish the USD Reserve, leaving holdings at 843,775 BTC and a $2.55B USD Reserve. Strategy's official June 29, 2026 press release confirms the Digital Credit Capital Framework, including the STRC dividend policy with the objective of STRC trading near its $100 stated amount (the claim's '$100 par value') and the BTC Monetization Program. News.bitcoin.com and Crypto Briefing corroborate the sale and the ending of the 'never sell' policy. The claim's characterization is accurate; the only minor terminology nuance is 'par value' vs the official 'stated amount,' which are functionally equivalent.
Summary

Strategy, the largest corporate Bitcoin holder, adopted a Digital Credit Capital Framework that formalizes a more flexible treasury policy after selling 3,588 BTC between June 29 and July 5 for about $216 million to fund preferred distributions and dividends and rebuild its U.S. dollar reserve. The sale left the company with 843,775 BTC and more than $2.55 billion in USD reserves; Bernstein said that cash appears to cover roughly 17 months of dividend and interest obligations and argued Strategy is still likely to remain a net Bitcoin buyer rather than a forced seller. Meanwhile, other public-company treasuries kept accumulating, with American Bitcoin adding 500 BTC to exceed 8,000 BTC and Strive buying 17.76 BTC to reach 19,882 BTC after acquiring 6,236 BTC in the second quarter.

Terms & Concepts
  • preferred stock: A class of shares that typically pays set dividends and has priority over common stock in claims on assets.
  • bitcoin yield: A company-defined measure of the change in bitcoin held per share over a period.
  • digital asset treasury: A company or entity holding crypto as reserve assets.