⚡️ Strategy announces a new Digital Credit Capital Framework:
• Board-approved USD Reserve policy: $2.55B reserve, covering 17.4 months
• Revised STRC dividend policy: rate raised 50 bps to 12%
• Digital Credit Securities repurchase program: up to $1B authorized
• Class A common stock repurchase program: up to $1B in MSTR buybacks
• BTC Monetization Program: BTC sales may fund reserves, dividends, interest and repurchases
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🔥 JUST IN: Strategy sold $1.2B worth of $MSTR last week and bought no BTC.
The company still holds 847,363 $BTC. https://t.co/RvM9J7v9Wn
Does anyone know what a “bitcoin monetization plan” functionally means here?
Is he about to ape a few billion BTC into DeFi (wrapped on Ethereum of course)?
$MSTR - STRATEGY LAUNCHES $1.25B BTC PLAN
Strategy unveiled a new capital framework, including a $1 billion repurchase program for digital credit securities.
The board also approved a Bitcoin monetization program to generate up to $1.25 billion for its USD reserve, which stood at $2.55 billion as of June 28.
JUST IN: ⚡ Strategy has launched a Digital Credit Capital Framework authorizing potential Bitcoin sales of up to $1.25B, a 12% STRC dividend rate, and $1B buyback programs for its preferred securities and MSTR stock. https://t.co/rRHE8DqMOn
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