Jun 29
Strategy ends 9-day losing streak as Bitcoin capital framework adopted
➤ Strategy Inc. has launched a 'Digital Credit Capital Framework' to stabilize its stock and securities, including a $1.25B Bitcoin monetization program and $2B in buybacks. ➤ The framework aims to end a nine-day losing streak by offering a 12% annual dividend on STRC preferred shares, targeting income investors. ➤ While the plan provides liquidity and aims to maintain Strategy's Bitcoin thesis, selling Bitcoin reduces the asset that underpins its valuation, presenting a double-edged sword.