Strategy just announced its new Digital Credit Capital Framework.
The highlights:
• STRC's dividend increased from 11.5% to 12.0%
• 843,738 BTC on the balance sheet
• $2B+ in cash and cash equivalents
• A formal USD Reserve targeting 12–24 months of dividend and interest coverage
• A Board-authorized Bitcoin monetization framework
• Up to $1B of preferred security buybacks and $1B of MSTR share repurchases when deemed accretive
The biggest takeaway isn't that Strategy plans to sell Bitcoin.
It's that the company has formally evolved from a simple "raise capital, buy Bitcoin" model to a broader capital allocation framework with multiple tools to manage liquidity, financing, and shareholder value.
