The headline describes a significant corporate capital return action and balance-sheet/financing framework changes. However, the affected tickers in the article appear to be MSTR and STRC, which are not included in the provided active_symbols list, so the dashboard cannot map this news to a listed ticker.
Strategy Announces $2 Billion Stock Buyback Program CryptoProwl Mon, June 29, 2026 at 3:40 PM GMT+2 2 min read MSTR BTC-USD STRK BTC Strategy (NASDAQ: $MSTR) has announced a new $2 billion U. S. stock buyback program as it looks to attract investors and boost its share price.
The board of directors at the Bitcoin (CRYPTO: $BTC) treasury firm authorized up to $1 billion U. S. in repurchases of Strategy's Digital Credit Securities and $1 billion U.
S. in buybacks of the company's Class A common stock. The share repurchase program has no expiration date.
More From Cryptoprowl: Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A. I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket The company led by Chairman Michael Saylor also unveiled a new "Digital Credit Capital Framework" that is designed to strengthen Strategy's preferred stock (NASDAQ: $STRC).
The Capital Framework will preserve long-term Bitcoin exposure and give Strategy more balance sheet flexibility, said the company in a statement. Strategy's preferred stock currently pays a bi-monthly dividend that yields 12%. The company provided an update on its cash reserves, saying they now stand at $2.
55 billion U. S. , enough to cover 17 months of dividends on the preferred stock.
Strategy's board has also approved a "Bitcoin Monetization Program" that will allow the company to sell Bitcoin when management deems it advantageous. Proceeds from Bitcoin sales can be used to build or replenish the company's cash reserves, fund preferred stock dividends, make interest payments, and finance stock buybacks. The changes come after Strategy's main stock and its preferred shares have fallen sharply over the past month amid investor concerns about the sustainability of the dividend payments.
MSTR stock is up 6% in pre-market trading on June 29 and STRC stock is 10% higher on the day. However, MSTR stock has declined nearly 50% this year as crypto prices have weakened. Bitcoin is currently trading at $59,850 U.
S. , below the key support level of $60,000 U. S.
and near a two-year low.
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