Strategy reports $2.55B dollar reserve, sets $99–100 STRC target
- —Reserve covers 17.4 months of payouts; policy requires at least 12 months
- —STRC dividend rate raised to 12.00% from July 1
- —Board approved up to $1 billion each for digital credit and common stock buybacks
- —Company may monetize up to $1.25 billion in BTC, with no obligation to sell
Why it matters: Strategy has formalized a buffer for its debt and preferred obligations for the first time, reducing the risk of forced bitcoin sales in a prolonged downturn.
Source: TokenPost