Michael Saylor's Strategy said it can now sell Bitcoin to fund dividends, interest and stock buybacks, formalizing a capital pivot for the world's largest corporate holder of the cryptocurrency.

A Monday filing would mark Strategy's fourth straight week of buying, after a 520 BTC purchase on June 22 that was its smallest recent tranche.

The Bitcoin treasury firm has approved a framework for "active capital management," its Chair Michael Saylor said in a statement.

Strategy unveiled a new capital management framework that raises STRC's dividend to 12%, authorizes $2 billion in share buybacks, and permits limited bitcoin sales to fund…

Michael Saylor's Strategy said it can now sell Bitcoin to fund dividends, interest and stock buybacks, formalizing a capital pivot for the world's largest corporate holder of the…

Bitcoin dropped over 3% to $58K after Strategy Inc authorized up to $1.25 billion in BTC sales, marking a major shift from its accumulation-only playbook.

Strategy authorized $1.25 billion in Bitcoin sales to boost reserves to $3.8 billion, breaking its 'never sell' stance while holding 847,363 BTC.