Strategy Could Sell Up To $1.25 Billion In Bitcoin Under New Capital Framework
Strategy approved a digital credit capital framework that could allow up to $1.25 billion in Bitcoin sales for active capital management.
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Strategy approved a digital credit capital framework that could allow up to $1.25 billion in Bitcoin sales for active capital management.
The Bitcoin treasury firm has approved a framework for "active capital management," its Chair Michael Saylor said in a statement.
Strategy Inc. rolled out a sweeping five-part Digital Credit Capital Framework on Monday morning, authorizing bitcoin sales, boosting its STRC preferred dividend rate, and opening $1 billion buyback programs for both preferred stock and common shares as bitcoin trades around $60,032 per coin at 8 a.m. Eastern time and MSTR shares sit around $82. The […]