Despite growing criticism and fear and uncertainty (FUD) on the internet, Strategy, the brainchild of Michael Saylor, continues to focus on Bitcoin, but his new initiative is completely different.
Instead of announcing a new purchase of Bitcoin, the company’s former CEO indicated on Platform
Launch of the DCCF:
Saylor’s first letter reassured the public that the company had increased its U.S. dollar reserves to $2.55 billion, which should cover dividend payments for 17.4 months.
This dollar reserve can only be used for dividends and interest charges, and will be maintained for a minimum period of 12 months.
Strategy has also established the “BTC Monetization Program,” which allows it to sell Bitcoin to fund dollar reserves (with a cap of $1.25 billion), to cover dividends and interest, or to repurchase digital credit securities and MSTR shares under established programs.
If the company sells more bitcoin, its dividend coverage would rise to $3.8 billion, or the equivalent of 25.9 months of such payments.
Strategy has also implemented programs to repurchase its digital credit holdings for up to $1 billion in MSTR stock.
Saylor said in his post:
This will provide the flexibility to repurchase securities in ways that increase their value in the event of market turbulence.
Redemption operations will not be financed from the dollar reserve.
Furthermore, the dividend rate of STRC shares was increased by 50 basis points to 12%, effective from the vesting date in July 2026.
Saylor said the company will continue to evaluate the rate monthly, as its institutional target for “Stretch” remains for the stock to trade between $99 and $100.
It is worth noting that STRC has fallen 25% below its par value over the past few weeks.
Increased fear and uncertainty:
It should be noted that “Strategy” – particularly its title “STRC” – has been the subject of severe criticism in recent weeks.
The company sold a small portion of its Bitcoin holdings in late May, and although it has accumulated a much larger amount since then, market observers believe this has destabilized the sector.
Critics have continued to attack Saylor and her company, warning that they may have to sell more than 50,000 bitcoins over the next two years to cover certain expenses or pay dividends.
Analysts at CryptoQuant also suggested that Strategy halt its Bitcoin purchases in favor of replenishing its dollar reserves.
Although the company did not fully follow this advice, its two recent announcements were more focused on dollar reserves than Bitcoin stocks.
Read also:
Be greedy when others are afraid: is it time for XRP to reverse?
Bitcoin Cycle Calendar: Will the Next Bottom Come in October 2026?
