Strategy's New Capital Plan Draws Optimism, While Critics Warn Of A 'Dead Cat Bounce' In Michael Saylor-C

Market research platform Bull Theory noted optimism around Strategy Inc.'s (NASDAQ:MSTR) new capital allocation strategy, which treats Bitcoin (CRYPTO: BTC) as a capital asset that can be tactically sold to fund operations.

Sign Of Good Things To Come?

Bull Theory interpreted the rally of MSTR stock and Perpetual Stretch Preferred Stock (NASDAQ:STRC) as evidence that Strategy is about to execute buybacks on both, not just leave the authorization unused.

"This is optimism building around active capital management rather than just Bitcoin accumulation, the market is betting Strategy can actually defend STRC's price this time," the market commentator said.

BREAKING: $MSTR is up 12.80% and $STRC is up 12.24% today.The market is reacting to Strategy's new capital framework, which includes up to $1 billion in MSTR buybacks and another $1 billion in Digital Credit Securities buybacks.