Strategy Inc. announced on June 29 the adoption of a Digital Credit Capital Framework that includes a program allowing the company to sell Bitcoin (BTC) to fund its operations and reserves. The framework consists of five main components: a U.S. dollar reserve policy, a revised dividend policy for its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), a digital credit securities repurchase program, a class A common stock repurchase program, and a Bitcoin monetization program. Under the newly authorized Bitcoin Monetization Program, the company’s board approved the potential sale of BTC to generate up to $1.25 billion for its …
Bitcoin
Crypto
In XRP news today, David Schwartz, Ripple CTO Emeritus and co-founder of the XRP Ledger, has proposed a transaction reservation mechanism to prevent front-running and …
The ETH/BTC ratio prices Ethereum in Bitcoin instead of dollars, stripping out the market-wide move so you can see which of the two is actually …
