$BTC The board of directors of Strategy has officially authorized the company to sell BTC.



The company has published a new financial strategy that allows it to sell part of its BTC only in strictly defined cases.

➥ BTC will be sellable to replenish the dollar reserve (up to $1.25b), pay dividends and interest on debt, and to finance share repurchases and preferred securities.

➥ At the same time, the Strategy approved a rule stating that the dollar reserve must cover at least 12 months of future dividend and interest payments. Its current volume is $2.55b.

➥ The company is also launching two share repurchase programs of $1b each—one for MSTR shares and the second for preferred securities, where STRC will be the priority.

➥ Despite the new authority, over the past week, Strategy has neither bought nor sold any BTC. The company still holds 847,363 BTC ($50.6b) on its balance sheet.
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