Strategy Board Approves Plan to Sell Up to $1.25 Billion in Bitcoin
2026-06-29 12:51
OdailyOdaily reported on Monday that Strategy has 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 common stock and other securities where appropriate.
Michael Saylor, co-founder and Executive Chairman of Strategy, stated that the company continues to hold Bitcoin as its primary treasury reserve asset, while Digital Credit requires liquidity, discipline, and active capital management. Saylor said the framework is designed to strengthen credit quality and reduce anticipated preferred stock dividend payments when accretive.
Strategy did not disclose any new Bitcoin purchase plans this time and stated that its USD Reserve has been restored to $2.25 billion. The company said 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 hold Bitcoin as its primary treasury reserve asset, while Digital Credit requires liquidity, discipline, and active capital management. Saylor said the framework is designed to strengthen credit quality and reduce anticipated preferred stock dividend payments when accretive.
Strategy did not disclose any new Bitcoin purchase plans this time and stated that its USD Reserve has been restored to $2.25 billion. The company said that at current levels, its cash reserves can cover approximately one and a half years of dividend payments.
