- Strategy has adopted a Digital Credit Capital Framework designed to strengthen the Company’s various series of preferred securities, enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation for shareholders.
- As of June 28, 2026, Strategy’s USD Reserve is approximately $2.55 billion.
- Under the USD Reserve Policy, the USD Reserve may be used only to support the payment of dividends on Strategy’s preferred stock and interest on outstanding indebtedness.
- The $2.55 billion USD Reserve represents approximately 17.4 months of coverage based on the Company’s current annual expected preferred stock dividend payments and interest expense of approximately $1.76 billion.
- Strategy will increase the regular dividend rate per annum on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) to 12.00% effective for semi-monthly periods with record dates on or after July 1, 2026.
- The Company has established a repurchase program for up to $1.0 billion aggregate purchase price of its outstanding Digital Credit Securities, including STRC and other preferred stocks.
- The Board of Directors has authorized a BTC Monetization Program under which the Company may sell BTC to generate up to $1.25 billion to fund the USD Reserve.
- The BTC Monetization Program has no fixed expiration date and may be modified, suspended, or terminated at any time.
Strategy Inc has announced a robust financial strategy that includes a Digital Credit Capital Framework aimed at enhancing liquidity and preserving Bitcoin exposure. The company's USD Reserve stands at approximately $2.55 billion, providing around 17.4 months of coverage for its annual preferred stock dividend payments and interest expenses of $1.76 billion.124
In a significant move, Strategy will increase the dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) to 12.00%, effective from July 1, 2026. This decision reflects the company's commitment to delivering value to its shareholders.5
Additionally, the company has initiated a BTC Monetization Program that allows for the sale of Bitcoin to generate up to $1.25 billion to bolster its USD Reserve. This program is flexible, with no fixed expiration date, and can be modified or suspended as needed.78
Overall, these strategic initiatives are designed to strengthen Strategy's financial position and support long-term value creation for its shareholders.
“Strategy has introduced a Digital Credit Capital Framework and a USD Reserve Policy to enhance liquidity and support long-term value creation. Additionally, the company has authorized a BTC Monetization Program to generate funds for its USD Reserve.”
