Strategy Announces $1B Buyback Plan Of Its Digital Credit Securities
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Strategy Inc 10 % Perp Strife Pfd Registered Shs Series A STRF | 0.00 |
Strategy Inc (NASDAQ:STRF, LuxSE: STRE)) ("Strategy") today announced that it has adopted a Digital Credit Capital Framework designed to strengthen the Company’s various series of preferred securities (collectively, "Digital Credit Securities"), enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation for shareholders.
Strategy also announced that it has established a repurchase program for up to $1.0 billion aggregate purchase price of its outstanding Digital Credit Securities, including STRC, 10.00% Series A Perpetual Strife Preferred Stock ("STRF"), 10.00% Series A Perpetual Stride Preferred Stock ("STRD"), and 8.00% Series A Perpetual Strike Preferred Stock ("STRK").
