#StrategyBuybackSurges12%

Strategy Launches Bitcoin Monetization Program, Opens Opportunity to Sell BTC Worth $1.25 Billion
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 approval of the BTC Monetization Program. This policy officially gives the company the green light to sell a portion of their Bitcoin reserves on the market. This step marks a monumental shift from the never-sell or HODL narrative that has long been the company's main identity in the eyes of crypto investors.
The decision to sell Bitcoin is intended to fund a series of aggressive maneuvers in the capital market to maintain their equity stability. According to the document, Strategy targets selling up to $1.25 billion in BTC, equivalent to approximately 20,800 BTC or 2.5 percent of the total 847,363 BTC they hold to build a cash reserve. Additionally, this program also allows the sale of BTC to raise preferred stock dividends $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 primary reserve asset, the credit instruments issued by the company now require liquidity and more active capital management discipline. This 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.