CoinJie.com news: CryptoQuant research director Julio Moreno said Strategy’s newly launched digital credit capital framework increases its dollar reserves from $1.44 billion to $3.0 billion by pausing Bitcoin purchases, selling part of its BTC, and issuing more MSTR shares. The dividend coverage period has been extended from about 14 months to 29 months, easing near-term liquidity pressure. Moreno believes Strategy still lacks two clearly defined mechanisms: first, deciding when to resume buying Bitcoin based on valuations and market conditions; second, in the next bull cycle, selling or hedging a portion of its holdings in stages to reduce leverage, lock in gains, and keep funds available for low-price buybacks. Strategy currently holds 843,775 BTC and has not yet carried out any preferred-share or common-share buyback.