MSTR is trading 5.4% up at $86.74 after announcing a sweeping Digital Credit Capital Framework focused on aggressive capital return measures.

  • The company authorized up to $1.25 billion in Bitcoin sales to build USD reserves and raised STRC preferred dividends.
  • Management launched two separate $1 billion repurchase programs targeting common stock and digital credit securities.
  • This bullish shift in capital allocation is driving today’s rebound, with the stock outperforming relatively modest moves in the underlying Bitcoin market.