Strategy Abandons 'Never-Sell-Bitcoin' Stance, Allows Sales

Strategy's shares have plummeted by 43% in the first six months of 2026, down from their all-time high price of $473.83 reached in November 2024.

The company has announced a new digital credit capital framework, which includes setting up a board-approved U.S. dollar reserve that must equal at least 12 months of annual dividend payments and interest expenses.

Strategy also authorized $1 billion each of common stock and preferred stock repurchases and shifted its posture from a never-sell-Bitcoin attitude to now setting up authorization to sell up to $1.25 billion of the top cryptocurrency, Bitcoin (BTC).