MicroStrategy Stops Just Hoarding Bitcoin — Now It Will Manage It Like Smart Mon

MicroStrategy announced a Digital Credit Capital Framework on June 29, 2026, that equips the company to treat Bitcoin as a flexible capital resource rather than a static holding.

The plan centers on a $1.25 billion Bitcoin monetization program and $2 billion in repurchase authorizations across its preferred securities and common stock. This marks a deliberate evolution in how the company manages its Bitcoin treasury and related liabilities. Strategy's MSTR stock surged almost 7% pre-market following the news.

MicroStrategy raised its USD Reserve to $2.55 billion as of June 28, 2026. The reserve is designated solely for preferred stock dividends and interest expense and is subject to a Board policy requiring a minimum of 12 months coverage.

At current run-rates of roughly $1.76 billion annually for those obligations, the $2.55 billion provides approximately 17.4 months of coverage.

The company stated it can replenish the reserve through the new monetization program or capital markets activity when needed.

"Strategy expects to remain disciplined in its use of MSTR issuance, particularly when the stock trades at or near 1x mNAV," read an excerpt in the announcement.

Follow us on

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/crypto/articles/microstrategy-stops-just-hoarding-bitcoin-121534620.html)