Strategy Authorizes Up to $1.25B in Bitcoin Sales
Strategy filed an 8-K unveiling a five-part Digital Credit Capital Framework: up to $1.25B in authorized Bitcoin sales, a 12% STRC dividend, and a $2.55B USD reserve floor.
Strategy filed an 8-K unveiling a five-part Digital Credit Capital Framework: up to $1.25B in authorized Bitcoin sales, a 12% STRC dividend, and a $2.55B USD reserve floor.
Bitcoin closes the second quarter of 2026 below $60,000, logging a Q2 decline of about 12% after a 22% fall in Q1. Back-to-back losing quarters to start a year has happened only twice before in Bitcoin's history.
French Bitcoin treasury firm Capital B won 95%-plus shareholder approval for up to €105B in financing to expand its Bitcoin holdings. The company holds 3,139 BTC today and targets 1% of all Bitcoin supply by 2033.
While Bitcoin slid below $60K, Strategy quietly bought 1,550 BTC for $101.3M at $65,332 per coin — well below its overall portfolio average of $75,680.
Bitcoin dropped to $59,100 on June 5 — its lowest since October 2024. The coin shed nearly 20% in a week and over 52% from its $126,000 peak. ETF outflows hit a record $4.4 billion across 13 straight days.