Strategy unveils framework allowing Bitcoin sales to fund dividends and buybacks

Strategy (formerly MicroStrategy) can now sell up to $1.25B in Bitcoin to fund dividends and buybacks, while maintaining a $2.55B cash reserve covering 17 months of payments.

• Strategy's new 'Digital Credit Capital Framework' allows selling Bitcoin to raise up to $1.25B for dividends, debt costs and stock buybacks.
• The company holds 847,363 BTC bought for $64.1B at an average of $75,651 per coin.
• STRC preferred dividend raised to 12%; MSTR shares have fallen nearly 50% year-to-date.
• Cash reserve of $2.55B covers about 17 months of preferred stock dividends and interest payments.
• Strategy did not buy any Bitcoin this past week, a rare pause in accumulation.

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