Strategy (MSTR) announced a new Digital Credit Capital Framework on Monday, authorizing up to $2 billion in buybacks ($1 billion for preferred securities and $1 billion for common stock) and a Bitcoin Monetization Program that permits selling BTC to support liquidity. The company increased the dividend on STRC preferred shares to 12% and holds a $2.55 billion USD reserve sufficient for 17.4 months of obligations. The buyback programs have no fixed expiration and can be modified or terminated. CEO Phong Le described this as a shift from capital issuance to active capital management. MSTR shares rose 6% pre-market, and STRC gained 9%.

Key facts

• Up to $2 billion in buybacks authorized (preferred and common stock).
• Bitcoin Monetization Program allows selling BTC for liquidity.
• STRC dividend increased to 12% from July 1.
• $2.55 billion USD reserve covers 17.4 months of obligations.
• MSTR shares up 6% pre-market, STRC up 9%.

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