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BlockBeats News, on June 29, boosted by the new Strategy plan, MSTR and STRC surged nearly 10% in pre-market trading, quoted at $82.31 and $80.99 respectively. Earlier reports stated that Strategy launched the "digital credit capital framework", established a BTC liquidation plan, and two $1 billion buyback programs.

Glonghui, June 29 — As the global memory shortage crisis intensifies, local consumers and small businesses in the United States have taken legal action. It is reported that the world's three largest memory suppliers—Samsung, SK Hynix, and Micron—are facing a class-action lawsuit over suspected price manipulation and restricting global supply. The lawsuit was filed on June 25 in the federal court of California, United States. According to the complaint, these three companies control almost the entire supply of global DRAM (Dynamic Random Access Memory) and restricted the supply of traditional DRAM products during significant price increases, further worsening the current memory shortage crisis.

Foresight News reported that according to the 8-K document submitted by Strategy to the US SEC, the company announced the launch of a "Digital Credit Capital Framework" consisting of five core components: US dollar reserve policy, STRC dividend policy adjustment, preferred share buyback plan, common share buyback plan, and BTC liquidation plan. According to the US dollar reserve policy, these reserves may only be used to pay preferred share dividends and debt interest. Management is required to maintain a reserve amount sufficient to cover at least the expected dividends and interest expenses for the next 12 months. As of June 28, the dollar reserve balance stood at $2.55 billion. Regarding the STRC dividend, the company will dynamically assess the dividend rate on a monthly basis, considering factors such as trading price, market yield, credit spread, and Bitcoin price fluctuations. The dividend will not be increased solely because the STRC trading price falls below par value. The company also announced an increase in the STRC annualized dividend rate to 12.00%, effective July 1. As for the buyback plans, the company has authorized two buyback programs of $1 billion each, targeting the repurchase of preferred shares such as STRC, STRF, STRD, STRK, as well as Class A common shares. STRC will be the primary focus of the preferred share buyback plan. Neither buyback plan will utilize US dollar reserve funds. In addition, the company’s board of directors has approved the BTC liquidation plan, allowing the company to raise up to $1.25 billion by selling Bitcoin, which may be used to replenish dollar reserves, pay preferred share dividends and interest expenses, or fund the aforementioned buyback programs.