Lightning Fast Five-Whip Combo! Strategy's Self-Rescue Plan Officially Released
Strategy, amidst the STRC de-pegging crisis, has unveiled its "Digital Credit Capital Framework" self-rescue plan. The five-part framework includes: 1) **Cash Reserves**: Management of ~$2.55B in USD reserves, dedicated solely to covering ~17.4 months of preferred stock dividends and debt interest, with a 12-month minimum coverage floor. 2) **Dividend Policy**: STRC's dividend yield rises to 12% from July 1st, with monthly reviews. Strategy clarifies de-pegging does not automatically trigger further hikes. 3) **Preferred Stock Buyback**: A $1B authorization, prioritizing STRC repurchases to support its price, reduce future dividend obligations, and signal commitment, using funds separate from dividend reserves. 4) **Common Stock Buyback**: A separate $1B authorization for MSTR stock, aimed at creating shareholder value when the stock is deemed undervalued, establishing a two-way capital management mechanism. 5) **Bitcoin Monetization**: Formal authorization to sell BTC (up to $1.25B earmarked) to build USD reserves, cover dividends/interest, or fund buybacks, marking a strategic shift where BTC becomes a managed asset rather than a strictly "hold-only" reserve.
Market reaction saw MSTR and STRC shares rise pre-market, while BTC remained stable. The plan aims to restore confidence in STRC, ensure dividend sustainability, and reopen Strategy's funding channels.
Odaily星球日报8h ago
