Strategy unveiled a Digital Credit Capital Framework that, for the first time, lets the long buy-only company sell Bitcoin to actively manage its capital.

Its new BTC Monetization Program clears up to $1.25B in sales to refill the ~$2.55B USD reserve, cover dividends, or fund buybacks — alongside $2B in new repurchase authorizations.

Saylor stressed Bitcoin stays the primary reserve asset, with cash covering ~17 months of dividends. MSTR snapped a 9-day losing streak on the news.