Strategy Board Approves Plan to Sell Up to $1.25 Billion in Bitcoin
2026-06-29 12:51
Odaily Planet Daily News: On Monday, Strategy launched the "Digital Credit Capital Framework," disclosing the conditions under which it may sell Bitcoin in the future. The company's board of directors has approved a plan allowing Strategy to sell up to $1.25 billion in Bitcoin to replenish cash reserves, make payments for products such as Stretch (STRC), or repurchase securities like common stock when appropriate.
Michael Saylor, co-founder and executive chairman of Strategy, stated that the company continues to view Bitcoin as its primary treasury reserve asset, while Digital Credit requires liquidity, discipline, and active capital management. Saylor noted that the framework aims to strengthen credit quality and reduce expected preferred stock dividend payments when doing so is accretive.
In this announcement, Strategy did not disclose any new Bitcoin purchase plans and stated that its USD Reserve has been restored to $2.25 billion. The company indicated that, at current levels, its cash reserves can cover approximately one and a half years of dividend payments.
Michael Saylor, co-founder and executive chairman of Strategy, stated that the company continues to view Bitcoin as its primary treasury reserve asset, while Digital Credit requires liquidity, discipline, and active capital management. Saylor noted that the framework aims to strengthen credit quality and reduce expected preferred stock dividend payments when doing so is accretive.
In this announcement, Strategy did not disclose any new Bitcoin purchase plans and stated that its USD Reserve has been restored to $2.25 billion. The company indicated that, at current levels, its cash reserves can cover approximately one and a half years of dividend payments.
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