Crypto Scenario Insights
What happened
Strategy (formerly MicroStrategy) has authorized a $2 billion buyback and a new framework allowing Bitcoin sales to support preferred stock dividends and interest payments.
What we think
The most likely outcome is a stabilization of MSTR and STRC prices as the market reacts to the new $2 billion buyback authorization.
Read the analysis
Strategy's Capital Framework Shift: Defensive Liquidity or BTC Divestment?
We explain what happened and what could follow. We do not forecast prices.