BlockBeats News, June 29th. According to an 8-K filing submitted to the SEC by Strategy, the company announced the launch of the "Digital Credit Capital Framework," which includes five core components: USD Reserve Policy, STRC Dividend Policy Adjustment, Preferred Stock Repurchase Plan, Common Stock Repurchase Plan, and BTC Liquidation Plan. Under the USD Reserve Policy, this reserve can only be used to pay preferred stock dividends and debt interest, and management must maintain a reserve size covering expected dividend and interest payments for the next 12 months.

As of June 28th, the USD reserve balance was $2.55 billion. Regarding the STRC dividend, the company will dynamically assess the dividend rate monthly, considering factors such as the trading price, market yield, credit spread, and Bitcoin price volatility. The dividend will not be increased solely because the STRC trading price is below par value. The company also announced an increase in the annualized STRC dividend rate to 12.00%, effective July 1st. As for the repurchase plans, the company has established two $1 billion repurchase authorizations, one for repurchasing preferred stocks like STRC, STRF, STRD, STRK, and Class A common stock, with STRC being the primary target of the preferred stock repurchase plan. Both repurchase plans will not utilize USD reserve funds. Additionally, the company's board authorized a BTC Liquidation Plan, allowing the company to raise up to $1.25 billion by selling Bitcoin to supplement the USD reserve, pay preferred stock dividends and interest, or fund the aforementioned repurchase plans.