Or influenced by Strategy's buyback announcement, STRC rose nearly 10% in pre-market trading

Odaily Strategy announced a new capital framework, including a digital credit securities buyback program of up to $1 billion. Influenced by this positive news, STRC rose 9.41% in pre-market trading, currently reported at $81.59.

Previously, Bitcoin treasury company Strategy announced a new capital framework, including a $1 billion digital credit securities buyback program to optimize its capital structure. Meanwhile, the company's board approved a Bitcoin monetization plan, aiming to raise up to $1.25 billion through related operations to bolster its dollar reserves. As of June 28, Strategy's dollar reserves stood at approximately $2.55 billion. It is reported that the new capital arrangement aims to enhance liquidity management capabilities and improve the overall flexibility and resilience of the balance sheet.