Michael Saylor hinted on X yesterday that a new Bitcoin related announcement was coming today. Many expected another BTC purchase, but the company revealed a different strategy instead.
Despite increasing criticism and rising market uncertainty, Strategy remains committed to Bitcoin. However, its latest move focuses more on financial flexibility and capital management than direct BTC accumulation.
Digital Credit Capital Framework Introduced
Rather than announcing a fresh Bitcoin buy, Saylor revealed that Strategy has launched its Digital Credit Capital Framework.
The initiative is designed to strengthen the company’s credit position, improve liquidity, protect long term Bitcoin exposure, and support sustained value creation.
In his first update, Saylor stated that Strategy has increased its US dollar reserves to $2.55 billion. According to the company, this reserve is sufficient to cover dividend obligations for approximately 17.4 months.
These funds are specifically reserved for dividend and interest payments, and Strategy intends to maintain at least 12 months of coverage at all times.
The company also introduced a Bitcoin Monetization Program, allowing it to sell Bitcoin when needed to support the dollar reserve, cover dividend and interest obligations, or repurchase securities and MSTR shares under approved programs.
The program includes a cap of $1.25 billion in potential Bitcoin sales. If fully utilized, Strategy’s dividend coverage could increase to $3.8 billion, enough to cover roughly 25.9 months of payments.
Strategy has also launched repurchase programs for its Digital Credit securities and up to $1 billion worth of MSTR shares.
According to Saylor, this creates more flexibility for the company to buy back securities during periods of market volatility without relying on its existing dollar reserves.
In addition, the dividend rate for STRC has been raised by 50 basis points to 12%, effective for the July 2026 record date.
Saylor noted that the company will continue reviewing this rate monthly, with the goal of keeping STRC trading within the $99 to $100 range.
This comes after STRC fell roughly 25% below its par value in recent weeks.
Rising Criticism and Market Concerns
Strategy and especially its STRC stock have faced growing scrutiny in recent weeks.
The company sold a small portion of its Bitcoin holdings near the end of May. Although it has added significantly more BTC since then, the sale sparked concern among investors and market analysts.
Critics have continued to question Saylor’s strategy, warning that the company may eventually need to sell more than 50,000 BTC over the next few years to cover operating costs, dividend obligations, or debt related expenses.
Analysts at CryptoQuant have suggested that Strategy should slow or pause additional Bitcoin purchases and prioritize rebuilding its dollar reserves.
While the company has not fully adopted that recommendation, its recent announcements clearly show a stronger focus on liquidity management and reserve strengthening alongside maintaining its Bitcoin holdings.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
