BREAKING: Strategy can now sell Bitcoin to fund operations.
Michael Saylor’s firm announced a new Digital Credit Capital Framework, allowing Bitcoin monetization as part of its capital strategy.
🗝️Key points:
• Strategy holds $2.55B in USD reserves.
• It has $1.25B in Bitcoin monetization capacity.
• Total dividend coverage stands at $3.8B, enough for around 25.9 months.
• Bitcoin holdings remain unchanged at 847,363 BTC.
• Strategy bought zero BTC last week.
• Instead, it raised $1.152B by selling 12.67M MSTR shares.
• The company authorized up to $1B in MSTR buybacks and $1B in preferred stock buybacks.
🗝️The key shift:
Strategy is no longer only accumulating Bitcoin.
It is now building a capital framework around Bitcoin liquidity, shareholder returns and balance sheet flexibility.
🧠My View:
This is a major evolution in the Strategy playbook.
Bullish because it strengthens liquidity and dividend coverage.
But also important because it confirms Bitcoin can now be used as a funding tool, not just a treasury reserve asset.
The market likes it so far:
$STRC +9%
$MSTR +6.6% after hours