According to a company statement, as of June 28, 2026, its financial reserve stands at $2.55 billion. This amount is sufficient to cover payments on preferred shares for the next 17.4 months.
Strategy's management has introduced a new strict approach to managing these funds:
- Reserve money can now only be spent on paying dividends on preferred securities.
- The minimum reserve must always cover at least 12 months of payments.
Additionally, amid the rapid decline in the value of STRC shares well below par, the company decided to increase the dividend rate on them to 12% per annum. Going forward, Strategy plans to review this figure every month. The company added that its long-term goal remains to maintain the par value of preferred shares at $100, but it cannot give 100% guarantees of this.
To support market quotations, Strategy announced the launch of a share buyback program totaling $2 billion. This amount will be distributed equally:
- $1 billion will be used to buy back STRC, STRF, STRK, and STRD shares;
- Another $1 billion will go to buy back MSTR shares.
To finance the buyback and replenish reserves, the company will use two channels: an at-the-market (ATM) equity offering program and the sale of bitcoin. Strategy plans to sell cryptocurrency only under certain conditions:
- To directly replenish the reserve by no more than $1.25 billion.
- To pay dividends or support the reserve if such a step is economically more advantageous than issuing Class A shares.
- To cover expenses under the share buyback program.
It is worth noting that according to recent documents filed with the U.S. Securities and Exchange Commission (SEC), during the week from June 22 to June 28, 2026, Strategy completely refrained from purchasing bitcoin.