Strategy OKs $1.25B Bitcoin Monetization Plan

Strategy, led by Michael Saylor, authorized up to $1.25 billion in Bitcoin sales under a new capital framework to fund shareholder dividends, repurchase stock and bolster cash reserves. The company disclosed the sale of 32 BTC in June and reported total Bitcoin holdings of 847,363 BTC.

The company’s Digital Credit Capital Framework raises the annual dividend on STRC preferred stock from 11.5% to 12%, establishes a formal Bitcoin monetization program and expands capital-return activities through buybacks of preferred securities and MSTR shares. Strategy reported a dedicated cash reserve of $2.55 billion, which it estimates would cover about 17 months of preferred dividends and interest payments.

The authorization covers up to roughly 21,000 BTC at current prices, a figure that reflects the maximum potential sale under the $1.25 billion cap rather than an immediate disposition of that amount. Strategy reported no Bitcoin purchases last week, leaving its holdings unchanged at the disclosed level.

More than 140 payments and crypto firms have joined a project to launch a US dollar–backed stablecoin called Open USD, or OUSD. Backers include major payments networks and several crypto exchanges and firms. The project will allow participants to mint tokens without fees or volume limits and to retain the yield generated by the coin’s reserve assets. The group plans to roll out the token later this year into a stablecoin market valued at more than $300 billion.

A research report from Fidelity Digital Assets addresses concerns about Bitcoin’s long-term security model after halving events. The report notes average daily miner revenue rose from about $1.3 million in the 2012–2016 period to roughly $40.2 million today, and it cites rising transaction fees and market incentives as factors supporting miner participation. The report appears as some publicly traded mining companies respond to post-halving financial pressure by expanding into artificial intelligence and high-performance computing services.

A report from Public Citizen estimates roughly $189 million in crypto-related political contributions so far for the 2026 US election cycle, representing about 37% of corporate political spending in the period. The report identifies Fairshake as having spent more than $82 million and the pro-Trump MAGA Inc. Super PAC, with significant backing from Crypto.com, as having spent more than $56 million. The document notes that crypto-aligned PACs are supporting candidates across both major parties.

The new capital framework at Strategy, the planned OUSD launch, the Fidelity analysis of miner economics and the Public Citizen estimate are among recent financial and policy developments in the crypto sector.