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Open original source ↗Strategy 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 https://t.co/AUoUCtem53
Strategy 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.
$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.
Strategy 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 funded from the USD Reserve.
Strategy 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
With $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.
Strategy expects to remain disciplined in its use of $MSTR issuance, particularly when the stock trades at or near 1x mNAV.
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