Unchained · Wednesday, July 8, 2026
MicroStrategy has introduced a digital capital framework with a board-approved USD reserve policy, dedicating reserves solely to preferred stock dividends and debt interest, with a minimum 12-month coverage. The company also increased its MSTRC dividend rate to 12% and announced significant share repurchase programs.
“Last week, the company also published its digital capital framework. It now has a board approved USD reserve policy that allows the USD reserve to only be used to support the dividend payments on preferred stock, um, also interest on outstanding debt and requires the company to keep a minimum of 12 months of coverage.”
“It also increased the dividend rate on MSTR C to 12%, uh, had been at 11.5% and announced a $10 billion repurchase program for both preferreds and another $1 billion repurchase program for, um, MSTR common stock.”