#StrategyBuybackSurges12%

Strategy officially announced a fundamental overhaul in their financial management. Through an official release titled Digital Credit Capital Framework on Monday (June 29), Michael Saylor's entity surprisingly confirmed the ratification of the BTC Monetization Program. This policy officially gives the green light for the company to sell a portion of their Bitcoin reserves on the market. This step marks a monumental shift from the no-sell or HODL narrative that has been the company's main identity in the eyes of crypto investors.
​The decision to sell Bitcoin is intended to finance a series of aggressive maneuvers in the capital market to maintain their equity stability. According to the document, Strategy targets BTC sales of up to $1,25 billion, equivalent to approximately 20.800 BTC or 2,5 percent of the total 847.363 BTC they own to build cash reserves. In addition, this program also allows the sale of BTC to increase the preferred stock dividend $STRC from 11,5% to 12%, and execute an unlimited stock buyback program worth a total of $2 billion divided equally between common and preferred shares.
​Michael Saylor emphasized that although Bitcoin remains the main reserve asset, the credit instruments issued by the company now demand liquidity and more active capital management discipline. The change in Bitcoin's status from merely a savings asset to a liquid instrument supporting operations is expected to protect the company's equity value in the long term.