Strategy Authorizes $3.25B in Bitcoin Sales Under New Monetization Plan on June 29

Strategy Inc. (Nasdaq: MSTR) authorized up to $3.25 billion in potential bitcoin sales on June 29 under its new Digital Credit Capital Framework, intended to fund a USD reserve, pay preferred dividends and debt interest, and support share repurchases.

Peter Schiff warned on June 29 that the authorization could exert significant selling pressure on bitcoin, noting that at $60,000 per BTC, the $3.25 billion represents over 54,000 bitcoin. Strategy's Executive Chairman Michael Saylor countered by emphasizing the company's liquidity position. With $2.55 billion in USD reserves and $1.25 billion in additional bitcoin monetization capacity, Strategy has approximately 25.9 months of coverage for annual preferred dividends and interest expenses of roughly $1.76 billion. The framework does not require immediate sales; execution depends on market conditions, liquidity needs, and capital efficiency assessments.