TechFlow reports that on June 29, Michael Saylor posted on X stating that Strategy announced the launch of a digital credit capital framework, aimed at strengthening the digital credit system, enhancing liquidity, maintaining long-term Bitcoin exposure, and supporting long-term value creation.
Meanwhile, the company has increased its USD reserve to $2.55 billion, equivalent to a dividend coverage period of 17.4 months. This reserve is solely for paying dividends and interest expenses, with a minimum maintenance standard of 12 months.
Additionally, Strategy announced an increase in the STRC dividend rate by 50 basis points to 12.00%, effective from the record date in July 2026, and will evaluate interest rate levels on a monthly basis. The company stated its goal is to maintain STRC's long-term trading price within the $99 to $100 range.
In terms of capital operations, Strategy has established a digital credit securities repurchase program of up to $1 billion and an MSTR repurchase program of up to $1 billion to flexibly conduct accretive repurchases during market volatility. The company emphasized that repurchase funds will not come from the USD reserve.
Furthermore, Strategy has also established a Bitcoin monetization program, which can provide funding for the following purposes through selling Bitcoin:
- USD reserve buildup, capped at $1.25 billion
- Dividend and interest expenses
- Digital credit securities and MSTR repurchase programs
Combining the $2.55 billion USD reserve and $1.25 billion Bitcoin monetization capacity, Strategy currently has a total dividend coverage capacity of $3.8 billion, equivalent to a coverage period of 25.9 months.
