Strategy Unveils Plan to Sell Up to $1.25 Billion in Bitcoin to Repurchase Preferred Securities

Michael Saylor's Strategy announced a new framework that could sell up to $1.25 billion in Bitcoin to repurchase preferred stock and improve liquidity. The firm paused its BTC buying and sold $1.15 billion in MSTR shares.

• Strategy's new BTC Monetization Program permits selling Bitcoin for capital management, not just accumulation
• The firm can sell up to $1.25 billion in BTC to fund preferred stock dividends, cash reserves, and buybacks
• Strategy paused its Bitcoin buying streak, holding 847,363 BTC purchased for $64.1 billion
• The company sold 12.67 million MSTR shares, netting $1.152 billion via its at-the-market offering
• STRC preferred stock jumped 9.48% pre-market as investors welcomed the capital restructuring plan

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