Michael Saylor's Strategy Authorizes $1.25 Billion in Bitcoin Sales and $2 Billion in Share Buybacks
Michael Saylor's Strategy announced a new Digital Credit Capital Framework that includes authorization for up to $1.25 billion in bitcoin sales. The company also approved two share repurchase programs worth up to $1 billion each for its common stock, known as $MSTR, and its Digital Credit securities, known as $STRC. Alongside the capital allocation changes, Strategy expanded its U.S. dollar reserve to $2.55 billion and increased the annual dividend rate for its Digital Credit securities to 12% from 11.5%.
The initiative marks a shift for the corporate treasury firm, moving from a model focused solely on issuing equity to fund bitcoin accumulation toward active balance-sheet management. Strategy shares rose as much as 6.5% in premarket trading, helping to offset investor concerns after the company's market capitalization briefly dipped below the value of its bitcoin holdings. According to the firm, the authorized buybacks will not be funded from the newly expanded cash reserve, and management stated it intends to maintain disciplined share issuance when the stock trades near its per-share net asset value.
From the sources (25 posts)
@deitaone$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
@saylorStrategy announces a Digital Credit Capital Framework designed to strengthen Digital Credit, enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation. $MSTR $STRC
@saylorStrategy has increased its USD Reserve to $2.55B, representing 17.4 months of dividend coverage. The USD Reserve may be used only for dividends and interest expense, and will be maintained at a minimum of 12 months.
@saylor$STRC dividend rate has been increased by 50 bps to 12.00%, effective for record dates in July, 2026. We will continue to evaluate the rate monthly. Our corporate objective is for $STRC to trade over time at $99-$100.
@saylorStrategy has established repurchase programs for up to $1.0B of our Digital Credit securities and up to $1.0B of $MSTR. This will create flexibility to accretively buyback securities during market dislocations. Repurchases will not be funde
@saylorStrategy has established a $BTC Monetization Program under which we may sell BTC to fund our: - USD Reserve ($1.25B cap) - dividends and interest expense - repurchases of our Digital Credit securities and $MSTR under our repurchase programs
@saylorWith $2.55B of USD Reserve and $1.25B of BTC monetization capacity for reserve-building, Strategy has $3.80B of dividend coverage, representing 25.9 months.
@saylorStrategy expects to remain disciplined in its use of $MSTR issuance, particularly when the stock trades at or near 1x mNAV.
@stockmktnewzMicroStrategy's Board of Directors just authorized a $BTC monetization program "under which the Company may sell Bitcoin from time to time for three primary purposes:" - to generate up to $1.25 billion of additional proceeds to fund the
@cointelegraph🔥 JUST IN: Strategy sold $1.2B worth of $MSTR last week and bought no BTC. The company still holds 847,363 $BTC.
@wublockchainStrategy Unveils Bitcoin Monetization Program, Authorizes $2B Buybacks and Raises STRC Dividend to 12% Strategy announced a new Digital Credit Capital Framework, including a Bitcoin Monetization Program allowing BTC sales to build reserves
@kalshi_cryptoJUST IN: Michael Saylor's 'Strategy' raises $1.2B for USD reserve
@bitcoinmagazineJUST IN: Michael Saylor's Strategy announces a new framework to "preserve long-term Bitcoin exposure" with a "BTC monetization program" 👀
@coingeckoJUST IN: Strategy unveils a Digital Credit Capital Framework to boost liquidity while preserving long-term Bitcoin exposure.
@maxcrypto🚨 BREAKING 🚨 Michael Saylor's Strategy has increased its cash reserve to $2.55 Billion while increasing $STRC dividend yield to 12%. STRC is up 10% in the pre-market after this announcement.
@degeneratenewsBREAKING: @Strategy BOARD OF DIRECTORS HAS AUTHORIZED A $BTC MONETIZATION PROGRAM (THE “BTC MONETIZATION PROGRAM”) UNDER WHICH THE COMPANY MAY SELL BITCOIN FROM TIME TO TIME FOR THREE PRIMARY PURPOSES: - TO GENERATE UP TO $1.25 BILLION OF
@deitaone$MSTR - STRATEGY SHARES GAIN 6.5% PREMARKET AFTER CO ANNOUNCES SHARE REPURCHASE PROGRAM
@kalshi_cryptoJUST IN: Michael Saylor's 'Strategy' can now sell Bitcoin to fund operations
@arkhamSAYLOR IS SELLING BTC Saylor has approved the sale of up to $1.25B of BTC to fund Strategy’s USD Reserve.
@kalshi_cryptoJUST IN: Michael Saylor's 'Strategy' has approved selling $1.25B worth of Bitcoin
@zerohedgeStrategy Says It May Sell Up to $1.25 Billlion of Bitcoin
@coinmarketcapJUST 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.
@bitcoinnews🟠 📊 Strategy increased its USD Reserve by $300M to $1.4B, plans continued replenishment to support Digital Credit securities credit quality. The company also acquired 520 #Bitcoin for $35M, bringing total Bitcoin Reserve to 847,363 $BTC. h
@cointelegraph⚡️ 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 prog
@businessMichael Saylor’s Strategy said it may sell up to $1.25 billion of Bitcoin to bolster its cash reserve and established two repurchase programs of up to $1 billion each for common and preferred shares