Strategy Introduces Digital Credit Capital Framework to Sell Up to $1.25B in Bitcoin
Strategy, a Bitcoin treasury firm, unveils a new "Digital Credit Capital Framework" which allows for the potential sale of up to $1.25 billion in Bitcoin. This development came as the firm aims to balance its cash reserves amid pressure on its preferred stock, according to Decrypt.
Strategy, a Bitcoin treasury firm, has approved a new "Digital Credit Capital Framework," which outlines the conditions for selling Bitcoin to manage its resources effectively. In a statement, Strategy's Chair Michael Saylor highlighted that the program enables the company to sell as much as $1.25 billion in Bitcoin for various purposes, including bolstering cash reserves and making payouts on products such as Stretch (STRC).
Saylor emphasized, "Strategy remains committed to Bitcoin as its primary treasury reserve asset. At the same time, Digital Credit requires liquidity, discipline, and active capital management." This framework aims to enhance credit quality and provides a mechanism for Strategy to lower expected preferred stock dividend payments when it is financially beneficial to do so.
Following the announcement, Bitcoin's value hovered around $59,800, down 0.5% for the day. Notably, Strategy's shares rose by 5% in pre-market trading, bringing their price to $86.52. Despite the framework allowing for Bitcoin sales, Strategy reported that its USD Reserve has been rebuilt to $2.25 billion, enabling it to manage dividends and debt more effectively.
What to watch: As the situation develops, it will be crucial to monitor how Strategy utilizes this program and the potential impact on Bitcoin's market position. The firm has not disclosed plans for immediate Bitcoin purchases, which raises questions about its future strategies in managing its digital assets.
Summary based on original reporting by André Beganski at Decrypt, originally published Jun 29, 2026. SolanaWire does not republish source content.
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